Kuwait hosts Gulf and global energy debate

Petroleum Economist’s 5th GCC Energy Strategy Forum in Kuwait City on 5 February will showcase the country’s strategy and that of other Gulf states in the face of a changing global energy environment

Kuwait has plenty on its energy plate to share with the world. Upstream contracts awarded over recent years are beginning to produce results. The project to develop difficult sour gas (Jurassic) reserves is underway, with initial output of around 500mn cfd of gas and 200,000 bl/d of condensate. Production of heavy crude oil from fields in the north of the country has also begun. The scope for further upstream investment will be outlined by Kuwait's new Minister of Oil, Electricity and Water, Dr Khaled Al-Fadhel and Kuwait Petroleum Corporation deputy Chairman and CEO, Hashem Hashem. Each will be giving a Keynote Address at the start of the GCC Energy Strategy Forum, providing a unique opport