Kuwait Oil And Gas News
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Introduction

  • As a member of the Organization of the Petroleum Exporting Countries (OPEC), Kuwait was the world's 10th largest petroleum and other liquids producer in 2013. Despite being the second smallest in land area among the OPEC member countries, Kuwait exports the fifth-largest volume of crude oil and condensates
  • Kuwait's economy is heavily dependent on petroleum export revenues, which account for nearly 60% its gross domestic product and about 94% of export revenues

News

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