Kuwait capable of restoring 80% of production within a month, KPC says

RIYADH: The Vice Chairman and CEO of the Kuwait Petroleum Corp., Nawaf Al-Sabah, stated that Kuwait has the capacity to restore 80 percent of its oil production, which was halted due to the Iran war, in less than a month. The remaining 20 percent ​​will require three to four months to be brought back online. The conflict in the region has severely impacted Kuwait’s oil sector, resulting in the second-largest production decline in the region after Iran. Bloomberg reported that the Gulf state’s production fell by 310,000 barrels per day to 490,000 bpd, less than one-fifth of pre-war levels.

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