Kuwait , Iraq in oilfield talks
Posted: 04 April 2005
A joint Kuwaiti-Iraqi commission is studying ways to regulate production from a large oilfield that extends into the two nations, the emirate's energy minister has said.
"We have formed a joint commission with the Iraqis to study the issue," Shaikh Ahmad Fahd Al Sabah said in a lecture at Kuwait Economic Society.
"We have two options. The first is to have joint production operations like in the Saudi-Kuwaiti neutral zone, and the second is to hire a foreign company for production," the minister said.
"We are currently considering the issue in order to prevent any problems that may strain bilateral relations," he said. The oilfield is known as Rumaila in Iraq and Ritqa in Kuwait .
Posted by Editor Pipeline Magazine
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