Kuwait Petroleum to spend over USD500 B by 2040 as it lifts oil capacity

Kuwait Petroleum to spend over USD500 B by 2040 as it lifts oil capacity
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02.02.2018

MOSCOW (MRC) - Kuwait Petroleum Corp expects to spend over USD500 billion as it boosts its crude oil production capacity to 4.75 MMbpd in 2040, the national oil firm said on Wednesday, outlining ambitious growth plans for the next two decades, as per Hydrocarbonprocessing."KPC is expected to spend USD114 billion in capex over the next five years and an additional USD394 billion beyond tha

Full article at mrcplast.com

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