Kuwait can increase its production to meet its July output quota, state-owned KPC chief executive Sheikh Nawaf Saud al-Sabah told the Bloomberg Qatar Economic Forum on Tuesday. Kuwait can also produce more than its July quota, he said, adding that they “have the plans in place right now to ensure that we can continue to match whatever increases are going to be required over the future.
” Kuwait did not meet its oil production obligations last month, but did manage to increase its output by 27,000 barrels per day in May to 2.687 million…Kuwait Claims It Can Hit Its July Oil Production Quota
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