Kuwait Opens Oil Fields and Pipelines to Foreign Investment to Increase Production Capacity
NATURAL GAS
Kuwait is opening its oil fields and pipeline network to foreign investment to boost its oil production capacity from 3 million to 4 million barrels per day by 2035. Kuwait Petroleum Corp. is engaging with international oil companies for assistance, particularly in developing offshore fields, while retaining ownership of the resources. The country is also finalizing a significant lease and leaseback deal for its domestic crude pipeline network, marking a major foreign direct investment initiative.

Feb 4, 2026, 6:12 AM