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Marina Schwarz

Kuwait Eyes Oil Capacity Boost

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Just a week after its energy minister said the cut agreement can be extended yet again, now the Kuwaiti petroleum company is saying they are planning a huge expansion of their tanker fleet and, of course, a production capacity boost. I sense the word "capacity" is used as a diversion, honestly. Iraq's building capacity, too. And everyone seems to ignore these plans because demand and cuts. Right.

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