Times of Pakistan

Kuwait plans to boost oil output to 2 mln bpd in week

1 hour ago 4
ARTICLE AD BOX

Umer Jamshaid Published June 19, 2026 | 04:15 AM

Kuwait plans to boost oil output to 2 mln bpd in week

KUWAIT, (UrduPoint / Pakistan Point News / WAM - 19th Jun, 2026) Kuwait Petroleum Corporation (KPC) plans to raise the country's oil production to two million barrels per day (bpd) within a week, amid the reopening of the Strait of Hormuz under a US-Iran peace agreement, said KPC's Deputy Chairman and CEO Sheikh Nawaf Saud Al-Sabah.

In a press statement carried by Kuwait news Agency (KUNA), Sheikh Nawaf elaborated that pre-war production levels could be restored within weeks once regular international commercial shipping to Kuwaiti ports has resumed.

<?php /*?> <?php */?>

He underlined that the Kuwaiti oil sector has carried out essential repairs to damaged energy infrastructure, thus contributing to regaining production capacities at a faster pace than previously estimated.

The KPC official added that the Corporation would immediately lift all force majeure notices issued during the war in a move that reflects the sector's readiness for a phased-out resumption of normal operations and supplies.

Read Entire Article