Kuwait plans to produce more than 4 billion cubic feet per day (cfd) of gas by 2030, a top executive at state-owned Kuwait Oil Co (KOC) said on Tuesday, nearly quadruple current output.
The Gulf Arab state does not have enough natural gas to meet power demand and burns a large volume of oil products at power stations. Like its oil exporting neighbours, Kuwait has been slow to develop its gas reserves to meet domestic demand.
Kuwait's pumps around 1 billion cfd of gas from oilfields, and 145 million cfd from gas fields not associated with oil.
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