16 October 2018

Saudi, Kuwait to restart Neutral Zone oilfields this month

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Oil production is expected to resume this month at the jointly operated oilfields in the Neutral Zone that lies between the borders of Saudi Arabia and Kuwait, industry sources told Reuters on Sunday. informs, the Khafji field, which had been producing 280,000 to 300,000 barrels per day (bpd), was shut in October 2014 for environmental reasons.

It is operated by Al-Khafji Joint Operations Co, a joint venture between Kuwait Gulf Oil Company and AGOC, a subsidiary of state oil firm Saudi Aramco.

The Wafra field has been shut since May 2015 due to operating difficulties. U.S. oil major Chevron operates the field on behalf of the Saudi government.

2016.12.04 / 18:58
See also

May says still believes Brexit deal 'achievable'

Gold, silver rise in price in Azerbaijan

Businessmen gather for Fort Ross Dialogue forum

Azerbaijani currency rates for today

Azerbaijani oil prices for Oct. 8-12

Russian government forecasts acceleration in country

Azerbaijani oil price continues to fall

Weekly review of Azerbaijani currency market

SOCAR, Gazprom discuss cooperation prospects

Iran, China stress expanding coop on int'l scene

Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla