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Natural
Resources
Kuwait has few natural resources other than oil, a
gigantic natural harbour, fisheries, and a few sparse
water supplies. Oil is Kuwait's prime natural resource
on which its economy depends. The country is reckoned to
have reserves of 94.8 billion barrels, about 9.6% of the
world's total. This ranks it third in the world behind
Saudi Arabia and Iraq. At current levels of production,
Kuwait has enough oil to last for more than 100 years.
The other natural resources of Kuwait are
petroleum,
fish, shrimp, natural gas.
Kuwait bay is a generously sized natural harbour and has
always been a prime access point for trade entering and
leaving the hinterland of northeast Arabia and Iraq.
Before oil was discovered, it was the country's most
valuable natural resource and today, as the location of
Kuwait's main commercial port, its economic importance
continues.
Kuwait produces a relatively modest volume of natural
gas the vast majority of which is 'associated gas'
(i.e., found and produced in conjunction with oil).
Kuwait hopes to significantly increase its use of
natural gas, both domestic and imported, especially in
electricity generation, water desalination, and
petrochemicals.
Fifty years ago Kuwait was self-sufficient in marine
foods and, despite a 20-fold increase in population,
fishing still provides 50% of the country's seafood
requirements. But stocks are being depleted through
overfishing and the breeding grounds are being polluted
by increased sediment due to marsh-draining in southern
Iraq.
Kuwait's only reserves of pure drinking water are in the
northern areas of Ar-Rawdatain and Umm Al-Aish. The rest
of its naturally occurring water, which is found in
Sulaibiya, Shigaya, Abdali, Wafra and Umm Qdair, is
brackish and can only be used, in its natural state, for
irrigation.
Kuwait has no lakes and rivers and few sources of fresh
water. Water for drinking and irrigation is available
only from underground aquifers and through desalination
(removal of salt) of seawater. There is little
vegetation except for marsh plants along the coast and
grasses and scattered thorn trees inland. Kuwait’s only
significant natural resource is petroleum, the country’s
main economic product. Without the economic resources
available from oil, the Kuwaiti environment would be too
harsh to support a substantial population.
Kuwait bay
has a generously sized natural harbour and has always
been a prime access point for trade entering and leaving
the hinterland of northeast Arabia and Iraq. Before oil
was discovered, it was the country's most valuable
resource and today, as the location of Kuwait's main
commercial port, it's economic importance continues to
grow.
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