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Kuwait Hopes to Resolve Neutral Zone Issue with Saudi Arabia by Year End

Source: www.gulfoilandgas.com 12/22/2019, Location: Middle East

Kuwait’s oil minister said on Sunday he hoped Kuwait and Saudi Arabia will resolve the Neutral Zone issue by the end of 2019. The two countries halted output from the jointly-run oilfields - Khafji and Wafra - in the so-called Neutral Zone more than three years ago, cutting some 500,000 barrels per day of heavy crude or 0.5% of global oil supply.

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