KOC Plans Production of One BCF of Natural Gas

Source: KUNA 6/12/2011, Location: Middle East

The Deputy Managing Director for Exploration and Production Development in Kuwait Oil Company (KOC) Khalid Al-Sumaiti said that the company has plans to reach production of one billion cubic feet of natural gas by 2015-16, in addition to this year plans of 2011-12, reaching 600 million cubic feet and current production of 140 million cubic feet of natural gas.

Al-Sumaiti made his remarks, in a press statement, on the sideline of an award ceremony on safety and environment 14th hosted for the administrative department. The official noted that small geographical area of the country was an obstacle for the exploration part, which requires drilling to greater depths and use of modern technologies.

Al-Sumaiti said among the main challenges facing the company is the development of human resource capable of dealing with modern technologies. The official added that currently the company is keen on exploring lightweight oil crude in the sea and natural gas.


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