The Kuwait Oil Company said on Monday that it had made a “major” discovery of a new offshore natural gas field projected to have around one trillion cubic feet of gas.
The subsidiary of the Kuwait Petroleum Corporation (KPC) said it made “a major exploration achievement in Kuwait’s offshore region with the discovery of the Jazah offshore natural gas field”.
The field is estimated to cover an area of 40 square kilometres (15 square miles) “with projections indicating around one trillion cubic feet of gas”, it said in a statement.
Initial results showed “production exceeding twenty-nine million cubic feet of gas per day”, it added.
Kuwait is rich in oil and has been working to step up its gas production.
Minister of Oil and KPC Chairman Tariq Suleiman Al-Roumi described the discovery as “a strategic step” aligned with national goals to ensure energy security and increase production.
“Efforts are currently underway to accelerate the development of the offshore fields discovered and integrate them into the production system, contributing to economic growth and creating new job opportunities for national talent,” he added.
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