AGP Executive Report
Last update: 9 hours agoOil and Gas: Kuwait raised crude output to 2.1 million barrels a day in October, its highest since the Iran war began. OPEC+ has kept December production targets unchanged, with its next review set for Nov. 29. Kuwait’s KUFPEC also signed agreements to develop two Malaysian gas fields, retaining a 25% stake in each subject to approvals. Infrastructure: The Municipal Council approved boundaries for KPC’s 64,592-square-metre Shuwaikh oil complex. The Kuwait–Riyadh rail link has entered tendering, while Gulf railway design work is largely complete. Food Safety: Inspectors in Farwaniya issued nine violations and destroyed 115 kilograms of meat of unknown origin.
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