Kuwait Looks To Become A Top OPEC Producer With Massive Output Expansion

One of OPEC’s largest producers, Kuwait, plans to boost its crude oil production capacity to 3.15 million barrels per day (bpd) within four years, from 2.7 million bpd now, the government said on Monday.  Kuwait also intends to raise its natural gas production by 79% over the next four years, according to the government plans reported by The National.  Kuwait is currently OPEC’s fifth-largest producer after Saudi Arabia, Iraq, the United Arab Emirates (UAE), and Iran, according to secondary sources in OPEC’s latest…