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Easing OPEC+ output cuts may unshackle Saudi-Kuwaiti Neutral Zone oil production
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KUNA :: Today in Kuwait s History :: 10/02/2021
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KUWAIT CITY, Dec 24: Acting CEO of the Kuwait Gulf Oil Company (KGOC) Abdullah Ali Al-Sumaiti announced the gradual start-up of heavy oil reservoirs in Wafra field, and the production of the first batch of heavy oil (Eocene crude) in the Wafra joint operations area, reports Al-Anba daily. In a press statement, Al-Sumaiti affirmed that this step was taken following the tireless work of sincere national cadres on both the Kuwaiti and Saudi sides in the Wafra joint operations area throughout the period of work suspension to preserve the work assets and uphold their readiness to return to work, as well as the subsequent period of intensive preparations to return to operation and production as per the established plans.