logo

Kuwait Petroleum Corporation (KPC) holds approximately 8.27% of global proven oil reserves

Entity
Kuwait Petroleum Corporation
UserPic
Kokel, Nicolas
4/11/2026 10:15 AM


 KPC Headquarter | Source: KPC website

Kuwait holds approximately 8.27% of global proven oil reserves (~101.5 billion barrels), ranking it among the world's top five reserve-holding nations. As of September 2025, KPC's domestic production capacity reached 3.2 million bpd — the highest level in over a decade — though actual output remains constrained at approximately 2.6 million bpd due to OPEC+ quota commitments. As of March 2026, KPC has stated it remains fully prepared to restore production levels once conditions allow.

On the downstream side, Kuwait's total domestic refining capacity stands at approximately 1.4 million bpd following the commissioning of the Al-Zour refinery (operated by KIPIC) in 2024 — one of the largest single-train refineries in the world. KNPC's two legacy refineries, Mina Abdullah and Mina Al-Ahmadi, account for 690,000 bpd of that total, complemented by gas liquefaction facilities of 2.5 billion SCFPD.

Read the detailed company profile here.

#kpc  #kuwaitoilcorporation  #kipic  #knpc  #kuwait  #oilreserves  #refining #explorationanproduction