Kuwait is finally making serious progress on its ambitious targets for expanding crude production capacity and output. Expansion plans were boosted by the relaxation in March of a national ban on debt, a move that paved the way for Kuwait’s first international bond issuance in eight years this week. The $11.25 billion debt raise on Oct. 1 will help Kuwait toward its target of hiking crude output capacity to at least 3.5 million barrels per day by 2030 and 4…
