Kuwait Energy Information

Kuwait Energy Research

- Kuwait's Energy & Climate Policy Framework: Kuwait targets 15% renewable electricity by 2030 while maintaining oil dominance, with MEW overseeing energy policy and efficiency measures.

- Kuwait's Energy Companies: MEW oversees Kuwait’s electricity transmission, distribution, and most generation via IPPs. KPC is the sole hydrocarbon operator, managing oil, gas, and refining through subsidiaries like KOC, KNPC, and Q8.

- Kuwait's Energy Supply & Demand: **Kuwait’s energy mix is dominated by gas (57%) and oil (43%), with rising gas share. Oil production fell 7% in 2024; gas rose 5%.**

- Kuwait's Energy Use & Price by Sector: Industry leads energy use, with gas dominating; transport relies solely on oil. Prices stable since 2018.

- Kuwait's Issues & Prospects: **Kuwait advancing energy projects: 25GW in development (63% gas, 37% solar), aiming for 15% renewables by 2030.**

Kuwait Total Energy Production & Consumption

Total primary consumption increased by 6%/year since 2021, reaching 43 Mtoe in 2024. It remained roughly stable from 2016 to 2019 and dropped by 9% in 2020 due to the COVID.

Graph: Primary Consumption Trends by Energy Source

Source: Kuwait energy report

Interactive Chart Kuwait Total Energy Production & Consumption

Source: Global Energy & CO₂ data

Kuwait Oil Production & Consumption

Crude oil production fell by 7% in 2024 to 132 Mt, back to its 2020 level. The fall is due to the voluntary production cuts in OPEC countries (as occurred previously in 2018-2019). After remaining on an upward increase trend until 2016 (+4.5%/year since 2010), oil production reached its highest level at 158 Mt before falling to its lowest level due to the COVID at 129 Mt in 2021 (-3%/year over the period). Its production represents just less than 10% of total OPEC output (5th country behind Iran).

Source: Kuwait energy report

Interactive Chart Kuwait Crude Oil Production & Consumption

Source: Global Energy & CO₂ data

Interactive Chart Kuwait Refined Oil Products Production & Consumption

Source: Global Energy & CO₂ data

Kuwait Natural Gas Production & Consumption

Gas production increased in 2023 and 2024 (+12% and +5% respectively) after a drop by 21% in 2022. It increased rapidly between 2010 and 2021, by around 5%/year.

Production represents two third of the country's gas consumption (67% in 2024), a stable share since 2022. The country imports LNG through two regasification terminals: Mina Al-Ahmadi FSRU (capacity of 7.8 bcm/year, commissioned in 2009) and Al-Zour (14.85 bcm/year, commissioned in 2022). Natural gas imports and increased at a steady pace of 10%/ year since 2010, reaching around 10 bcm in 2024.

Source: Kuwait energy report

Interactive Chart Kuwait Gas Production & Consumption

Source: Global Energy & CO₂ data

Kuwait Renewable in % Electricity Production

The country set an ambitious goal to generate 15% of its electricity from renewables by 2030, as part of the goals set in its New Vision 2035. Several photovoltaic projects are ongoing; however, no flagship policy has yet been implemented to speed-up the development of renewables.

Source: Kuwait energy report

Interactive Chart Kuwait Share of Renewables in Electricity Production (incl hydro)

Source: Global Energy & CO₂ data

Kuwait GHG emissions and CO₂ emissions

In its updated NDC (2021), Kuwait pledged to cut GHG emissions by 7.4% by 2035, compared to a BAU projection. This would reduce GHG emissions by nearly 11 MtCO2eq to 132 MtCO2eq, corresponding to emissions 54% higher than in 2016 (reference year). Most of the reduction would come from an oil-to-gas substitution in energy production, new CCGT power plants, energy efficiency measures, and renewable projects; the country would also promote carbon capture and storage and mangrove cultivation.

Source: Kuwait energy report

Interactive Chart Kuwait CO₂ emissions

Source: Global Energy & CO₂ data