Kuwait Not Wavering on 4M b/d Target Despite Low Prices

摘要

Kuwait Oil Co. (KOC) remains committed to raising oil production capacity to 4 million barrels per day by 2020 even as crude prices remain at sustained low levels of around $50 per barrel, a top company official said Monday. "There is no sign of slowing down," Jamal Abdul Aziz Jaafar, KOC's deputy chief executive for planning and commercial, told International Oil Daily in an interview at the Abu Dhabi International Petroleum Exhibition and Conference.