Kuwait is the fifth-largest oil producer in OPEC, with current production of approximately 2.5 million barrels per day. Kuwait aims to increase its production capacity to 3.2 million barrels per day by the end of 2025 and then to 4 million barrels per day by 2035.
Kuwaiti sources have indicated that crude oil production capacity now exceeds 3 million barrels per day, approaching its target of 3.2 million barrels per day by the end of 2025. This increase in production capacity could increase Kuwait’s share of OPEC+ production.
Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Al-Sabah stated in January 2025 that Kuwait’s total crude oil production capacity now exceeds 3 million barrels per day.
The production capacity comes from local fields operated by KPC’s subsidiary, Kuwait Oil Company, and from Kuwait’s 50% share in the Partitioned Neutral Zone (PNZ), which is jointly managed with Saudi Arabia.
In recent years, Kuwait has made continuous efforts to increase its crude oil production capacity. This is expected to increase its share of OPEC+ production and make it the third-largest oil producer in the Gulf Cooperation Council (GCC), after Saudi Arabia and the UAE.
It’s worth noting that Kuwait was very close to its production capacity target of 3.2 million barrels per day in 2018, with Kuwait Oil Company’s oil production capacity alone reaching 3.15 million barrels per day, excluding output from the then-shutdown Neutral Zone.
However, after the Neutral Zone was reopened in 2020 and production from it has now returned to pre-shutdown levels, with Kuwait currently receiving approximately 200,000 barrels per day from it, Kuwait’s total capacity remains lower than it was in 2018.
However, there are emerging signs of optimism, including the significant and promising hydrocarbon potential in Kuwait’s territorial waters. Ahmed Jaber Al-Aidan, CEO of Kuwait Oil Company, says that Kuwait’s territorial waters hold enormous potential, and that the company is currently conducting sustainable exploration operations across the entire Kuwaiti offshore area, which covers an area of more than 6,000 square kilometers