Owner/Developer |
Kuwait Oil Company (KOC) |
Estimated Value | US$ 950,000,000 |
Sector |
Gas |
Sub Sector |
Gas Field |
Country |
Kuwait |
City |
North |
Capacity | 10,472 tons of natural gas per day | Feasibility Start Date | Q3-2018 |
Status | Feasibility Study | Project End Date | Q2-2021 |
Owner/Developer |
Kuwait Oil Company (KOC) |
Estimated Value | US$ 950,000,000 |
Sector |
Gas |
Sub Sector |
Gas Field |
City |
North |
Country |
Kuwait |
Capacity | 10,472 tons of natural gas per day |
Feasibility Start Date | Q3-2018 |
Status | Feasibility Study |
Project End Date | Q2-2021 |
Kuwait Oil Company (KOC) plans to construct package one of Jurassic Non-Associated Oil & Gas Reserves Expansion, Phase 2 in northern part of the country.
With nearly 105 million barrels in oil reserves, Kuwait holds the world’s sixth-largest oil reserves which are mainly located in northern Kuwait.
The project's aims at producing 10,472 tons or natural gas per day after the development of its Jurassic sour gas fields in the North of Kuwait is complete. he project would boost Kuwait's free gas output from around 510 million cubic feet (mcf) to 590 mcf per day. would boost Kuwait's free gas output from around 510 million cubic feet (mcf) to 590 mcf per dayThe entire project costs around KD 1.7 billion ($5.7 billion).