Kuwait Petroleum says output tops 2M bpd despite Hormuz closure

Bloomberg · 4 hours ago
Kuwait Petroleum says output tops 2M bpd despite Hormuz closure
  • Kuwait Petroleum Corporation CEO Sheikh Nawaf Al-Sabah said the company has produced over 2 million barrels a day.
  • Kuwait Petroleum told customers it would do everything possible to keep crude shipments continuing despite the closure of the Strait of Hormuz.
  • The company is studying future pipelines to move crude.

Quotes

“the company has been able to produce over 2 million barrels a day”— Sheikh Nawaf Al-Sabah
“everything possible' to ensure shipments of crude would continue despite the closure of the Strait of Hormuz”— Sheikh Nawaf Al-Sabah

Sources