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.
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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.
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