In 2020, Kuwait's proven crude oil reserves amounted to 101.5 billion barrels. Kuwait is a founding member of the Organization of Petroleum Exporting Countries (OPEC), which was founded in 1960. Kuwait's exports of crude oil amounted to some 1.8 million barrels per day that year.
Selected figures about the fossil fuels industry in Kuwait in 2020
Characteristic
Characteristic
Proven crude oil reserves (in million barrels)
101,500
Crude oil production* (in 1,000 barrels per day)
2,438
Oil demand (in 1,000 barrels per day)
461.1
Crude oil exports (in 1,000 barrels per day)
1,826.3
Proven natural gas reserves (in billion cubic meters)
1,784
Marketed production of natural gas (in million cubic meters)
12,883
Output of petroleum products (in 1,000 barrels per day)
780.3
Exports of petroleum products (in 1,000 barrels per day)
527
Value of petroleum exports (in million U.S. dollars)
35,231
Refinery capacity (in 1,000 barrels per calendar day)
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OPEC. (December 14, 2021). Selected figures about the fossil fuels industry in Kuwait in 2020 [Graph]. In Statista. Retrieved May 18, 2022, from https://www.statista.com/statistics/1041307/selected-figures-on-fossil-fuels-in-kuwait/
OPEC. "Selected figures about the fossil fuels industry in Kuwait in 2020." Chart. December 14, 2021. Statista. Accessed May 18, 2022. https://www.statista.com/statistics/1041307/selected-figures-on-fossil-fuels-in-kuwait/
OPEC. (2021). Selected figures about the fossil fuels industry in Kuwait in 2020. Statista. Statista Inc.. Accessed: May 18, 2022. https://www.statista.com/statistics/1041307/selected-figures-on-fossil-fuels-in-kuwait/
OPEC. "Selected Figures about The Fossil Fuels Industry in Kuwait in 2020." Statista, Statista Inc., 14 Dec 2021, https://www.statista.com/statistics/1041307/selected-figures-on-fossil-fuels-in-kuwait/
OPEC, Selected figures about the fossil fuels industry in Kuwait in 2020 Statista, https://www.statista.com/statistics/1041307/selected-figures-on-fossil-fuels-in-kuwait/ (last visited May 18, 2022)
