Identifier
Created
Classification
Origin
03KUWAIT1101
2003-03-26 15:07:00
CONFIDENTIAL//NOFORN
Embassy Kuwait
Cable title:  

KUWAIT OIL UPDATE -- MARCH 26, 2003

Tags:  EPET KU 
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This record is a partial extract of the original cable. The full text of the original cable is not available.
C O N F I D E N T I A L SECTION 01 OF 02 KUWAIT 001101 

SIPDIS

NOFORN

STATE FOR TASK FORCE 1 - EB ACTION OFFICER
STATE ALSO FOR EB/ESC AND NEA/ARP
TREASURY FOR OASIA
USDOC FOR 4520/MAC/AME
DOE FOR IE - L. COBURN AND C. WASHINGTON

E.O. 12958: DECL: 1.6 X5, X6
TAGS: EPET KU
SUBJECT: KUWAIT OIL UPDATE -- MARCH 26, 2003

REF: KUWAIT 1078 AND PREVIOUS

Classified By: DCM Frank C. Urbancic for reasons 1.5. (B) and (D)

C O N F I D E N T I A L SECTION 01 OF 02 KUWAIT 001101

SIPDIS

NOFORN

STATE FOR TASK FORCE 1 - EB ACTION OFFICER
STATE ALSO FOR EB/ESC AND NEA/ARP
TREASURY FOR OASIA
USDOC FOR 4520/MAC/AME
DOE FOR IE - L. COBURN AND C. WASHINGTON

E.O. 12958: DECL: 1.6 X5, X6
TAGS: EPET KU
SUBJECT: KUWAIT OIL UPDATE -- MARCH 26, 2003

REF: KUWAIT 1078 AND PREVIOUS

Classified By: DCM Frank C. Urbancic for reasons 1.5. (B) and (D)


1. (U) Local press reports on 3/26 noted the visit of the
acting Minister of Oil, Sheikh Ahmed Al-Fahed Al-Sabah to the
Ratqa oil field where he met with the Kuwait oil firefighting
team. The press report notes the cooperation of the Kuwaiti
team with an American team could result in all the fires in
the Rumaila field being extinguished within ten days. The
report also states that work was delayed 3 hours on Tuesday
because of poor weather; no work was scheduled for Wednesday
to allow the teams to integrate their efforts.

2. (C/NF) Embassy notes that despite earlier statements that
KOC would increase production from the Ratqa field in
northern Kuwait by up to 30,000 bpd in order to reduce
reservoir pressure and advance firefighting efforts in the
southern Rumaila field, KOC numbers over the last few days
have shown a drop in production from the north. When Embassy
began receiving KOC reports, KOC North production was 423,432
bbls (March 17). Today's figure for KOC North is almost 5.5%
below that (400,265 bbls). Separately, post notes that
stocks of Kuwait Export Crude have grown from 4,502,279 bbls
on March 17 to 5,816,692 bbls on March 26 - a 29% increase in
nine days. While we suspect this is well within normal
operating limits, it could also be interpreted as a slowing
of regularly scheduled tanker loadings. Post is seeking
clarifications on these issues.


3. (C) Following is unedited data set received from Kuwait
Petroleum Corporation afternoon of 3/26/03. Explanatory
comments follow.

(Begin Report)

Kuwait Petroleum Corporation
Daily Crude Production
All figures in bbls

This report covers activities from 0500 3/25/03 to 0500
3/26/00

Total Kuwait
Production 2,445,041

KOC Proper:
South East: 1,370,404
West: 353,878
North: 400,265
Total: 2,124,547

Wafra Joint Operations:
R/B to KOC 147,333
R/B to KNPC 0
R/B to SAT 0
R/B total 147,333
Eocene 32,661

KGOC:
Khafji 120,500
Hout 20,000

KEC Receipt 2,254,008 (API 30.6, Salt PTB 25.8)
KEC Stock 5,816,692
KEC Ullage 8,377,039

(End Report)

4.(C) Explanatory Comments:

Wafra Joint Operations refer to onshore concessions in
Saudi-Kuwait divided zone operated by Saudi Arabian Texaco
(SAT). R/B refers to the two producing reservoirs -- Ratawi
and Burgan.

KOC is Kuwait Oil Company
KNPC is Kuwait National Petroleum Corporation

KGOC is the Kuwaiti successor to Arabian Oil Company (AOC),
which previously operated a concession in the offshore
portions of the Saudi-Kuwait divided zone -- AOC still
operates the fields under a service agreement.

KEC refers to Kuwait Export Crude, the country's export
blend. Salt PTB refers to pounds of salt per thousand
barrels of crude oil.
JONES