Kuwait's Kufpec keeping oil production at 108,000 barrels per day - KUNA

by Reuters
Thursday, 26 March 2020 08:20 GMT

(Corrects paragraph 2 to show figure is company, not Kuwaiti, output)

DUBAI, March 26 (Reuters) - The Kuwait Foreign Petroleum Exploration Co (KUFPEC) is maintaining its oil output despite the drop in crude prices and global energy demand, the state-run KUNA news agency reported on Thursday, citing acting chief executive Nawaf Al-Sabah.

The company's output remains at an average 108,000 barrels per day, the agency quoted Al-Sabah as saying.

State-owned KUFPEC operates outside Kuwait, with exploration and production ventures in 13 countries, according to its website. (Reporting by Maher Chmaytelli; Editing by Jan Harvey)

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