-
Kuwait confident of meeting Opec+ quotas: KPC CEO
Kuwait can hit its Opec+ crude production target for July and will be able to meet any further increases requested of it, according to state-owned KPC's chief executive Sheikh Nawaf Saud al-Sabah. Kuwait "can go higher than [its July quota], and we have the plans in place right now to ensure that we can continue to match whatever increases are going to be required over the future," Sheikh Nawaf told the Bloomberg Qatar Economic Forum. Kuwait was one of several Opec+ members to fall short of its target last month. Argus estimates that Kuwaiti crude production inched 10,000 b/d higher compared with April to 2.67mn b/d ... (full story)