Kuwait plans to double natural gas output by 2040 to 4 billion cubic feet per day as it looks to decouple its gas flows from oil production. Long dependent on associated gas from its abundant oil fields, the Opec member aims to develop more gas-rich reservoirs to provide a steady supply of nonassociated volumes it can use to meet spikes in power demand and to feed its planned petrochemical expansion. Ahmad Jaber al-Eidan, CEO of Kuwait Oil Co. (KOC) — the main…
