Commodity Market Report

Kuwait product markets long-term outlook H2 2018

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Kuwait is surplus light ends, middle distillates and fuel oil. Gasoline is deficit with imports currently required to meet domestic needs. An active investment outlook changes this picture with gasoline expected to move surplus through the early 2020's. The completion of Clean Fuels projects and Al-Zour greenfield refinery drive this shift. Exports across LPG, naphtha and middle distillates will continue.

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