day in 2040@
KUWAIT, Jan 31 (Reuters) - Kuwait Petroleum Corp said on Wednesday it aimed to reach crude oil production capacity of 4.75 million barrels per day (bpd) in 2040.
Chief Executive Officer Nizar al-Adsani also said refining capacity was expected to grow to 2 million bpd by 2035.
KPC is expected to spend $114 billion in capital expenditure over the next five years and an additional $394 billion beyond that to 2040, he said. (Reporting By Ahmed Haggagy; Writing By Maha El Dahan; Editing by Christian Schmollinger)