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Fawaz Hammadi

Fawaz Hammadi latest

Kuwait, a key OPEC member, controls nearly 101 billion barrels of proven oil reserves at around three trillion cubic metres of natural gas.
November 20th, 2013 - 03:55 GMT

Desperate to stay on top, Kuwait pumps billions to raise oil production capacities

Kuwait is pumping billions of dollars into projects to expand its oil production capacity to four million barrels per day from three mbpd within a strategy to maintain its position as one of the world’s largest crude exporters, a Kuwaiti official has said.
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