Kuwait announces discovery of giant oil deposits

Kuwait Petroleum Corporation (KPC), Government agency responsible for exploration and mining, On Sunday, it was announced that a “giant” oil discovery had been made in the Al-Nukhadha field, east of Kuwait’s Failaka Island.

The Director General of the Kuwait Petroleum Corporation, Sheikh Nawaf Saud Nasser Al-Sabah, said in a video clip posted on the X website that the reserves of the new discovery are equivalent to the country’s total production over three years.

The Kuwait Petroleum Corporation said in its statement that the initial estimated area of ​​the newly discovered oil well is about 96 square kilometers.

She added that the initial hydrocarbon reserves of the well are estimated at about 2.1 billion barrels of light crude oil and 5.1 trillion standard cubic feet of gas, equivalent to 3.2 billion barrels of oil equivalent.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

“This is what spring looks like in the foreground.” Ukrainian soldiers showed a great movie

The spring thaw, combined with rains and warmth, complicates the situation on…

Afghanistan. The people of Kabul live in fear. They hardly leave their homes

Kabul’s once bustling streets have faded, AFP said Wednesday. Chaos reigns throughout…

The government will buy an additional 35 million vaccines from Pfizer

According to the newspaper, a deal worth around £1 billion could be…

Zelensky to CNN: Russia can use nuclear weapons, they have human lives for nothing

Zelensky noted that no one expected a war to break out in…