KPC to spend $90bn in five years for growth

Kuwait Petroleum Corp (KPC) plans to spend $90bn in the next five years as part of its strategy to boost oil production capacity to 4 million barrels a day by 2020, a senior executive at the company said on Monday.
The world's fourth-largest oil exporter currently has a crude production capacity of around 3.3 million barrels per day.
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Source: Arabian Business