kuwait plays down row with saudi over shared oilfield
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Operations would not affect strong ties

Kuwait plays down row with Saudi over shared oilfield

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Kuwait plays down row with Saudi over shared oilfield

Kuwaiti oil minister Ali Al-Omair
Kuwait City - Arab Today

Kuwait has played down a row with Saudi Arabia over its decision to halt production at an offshore oilfield jointly operated by the two Gulf neighbours.
Oil Minister Ali al-Omair said the dispute over operations at the Khafji field would not affect strong ties.
"We hope to resolve this matter through dialogue, contacts and the open-door policy existing between the two nations," Omair said, cited by the official KUNA news agency overnight.
A Kuwaiti oil trade union and Kuwaiti media have accused Saudi Arabia of unilaterally halting the field's production of 311,000 barrels per day, which had been shared equally between the two Arab states.
Foreign ministry undersecretary Khaled al-Jarallah said the decision to halt output at the field was taken on technical and not political grounds.
"Relations between the two sisterly countries are too strong to be undermined by a difference in viewpoints," over oil production in the neutral zone, Jarallah said, speaking on the sidelines of a Gulf foreign ministers' meeting in the Saudi capital.
"The stoppage of production at Khafji in the divided zone with Saudi Arabia was for purely technical reasons and not political," he said, cited by KUNA late Sunday.
"Brothers in Saudi Arabia want to carry out maintenance work and deal with environmental issues which are understood by the Kuwaiti side.
"Production will resume to its normal level when these technical matters are sorted out."
Khafji is part of the neutral zone between Kuwait and Saudi Arabia which is jointly operated by the two nations and had produced around 700,000 bpd of shared crude.
Both countries have excess production capacity and are likely to make up any loss in output if the problem is not quickly resolved.
Saudi Arabia, the world's largest oil exporter, is pumping around 9.6 million bpd and has just under 3.0 million bpd of spare capacity.
Kuwait has production capacity of more than 3.2 million bpd and is pumping an average of 3.0 million bpd.
The two governments signed the neutral zone agreement almost 50 years ago.
Source: AFP

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwait plays down row with saudi over shared oilfield kuwait plays down row with saudi over shared oilfield

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwait plays down row with saudi over shared oilfield kuwait plays down row with saudi over shared oilfield

 



GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 16:17 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences

GMT 14:59 2011 Tuesday ,18 October

Low sales driving average car age up in Spain

GMT 18:53 2016 Saturday ,10 September

Death toll from Tel Aviv building collapse rises to 5

GMT 10:57 2017 Friday ,05 May

Russia, US to Continue Contacts on Syria

GMT 21:28 2017 Saturday ,18 February

Malaysia police arrest woman over N. Korean killing

GMT 08:05 2017 Friday ,15 September

Elliott hopes landmark tour will pave the way

GMT 06:01 2012 Tuesday ,10 April

Piaget celebrates polo in Palm Beach

GMT 06:04 2018 Tuesday ,16 January

Moscow 'understands' Palestinian anger at Trump

GMT 10:06 2017 Monday ,25 December

Kuwaiti Premier receives Saudi Royal Court advisor

GMT 23:17 2017 Friday ,10 November

Al Raqi promises to win against RAF Rabat
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice