Kuwait Hopes to Resolve the Neutral Zone Issue
Khaled Al Fadhel, Kuwait’s Minster of Oil, expressed his hopes to resolve the Kuwait-Saudi Arabia Neutral Zone issue by the end of 2019.
Khaled Al Fadhel, Kuwait’s Minster of Oil, expressed his hopes to resolve the Kuwait-Saudi Arabia Neutral Zone issue by the end of 2019.
Kuwait’s Deputy Foreign Minister, Khaled Al Jarallah, said that positive consultations with Saudi Arabia regarding the Neutral Zone are continuing, noting that the two parties are looking forward to the final sign ...
Kuwait and Saudi Arabia are negotiating to restart oil production from the jointly-operated fields in the Neutral Zone.
Saudi Arabia and Kuwait have discussed resuming crude oil production in jointly operated fields in the Neutral Zone.
The two countries reportedly made significant progress in negotiations for the zone that could increase their oil production by 500,000 barrels per day (b/d).
Resuming production from the Neutral Zone's oilfields will increase the production of Saudi Arabia and Kuwait to 500,000 b/d