Since 1975
  • facebook
  • twitter
  • Home
  • Business
  • Saudi Arabia and Kuwait working on increasing oil production from Khafji and Wafra

Saudi Arabia and Kuwait working on increasing oil production from Khafji and Wafra

The two sides said that coordination is currently underway in the partitioned zone to increase oil production. (Shutterstock)
The two sides said that coordination is currently underway in the partitioned zone to increase oil production. (Shutterstock)
Short Url:
11 Dec 2021 04:12:27 GMT9
11 Dec 2021 04:12:27 GMT9

Arab News

  • Both sides praised close cooperation and successful efforts of OPEC+ group in enhancing stability of global oil market

RIYADH: Saudi Arabia and Kuwait have committed to joint efforts to increase oil production at Khafji and Wafra in the partitioned zone along the border, it was revealed on Friday.

The announcement came as Saudi Crown Prince Mohammed bin Salman visited Kuwait on the final leg of his tour of Gulf states.

Representatives of both countries confirmed that companies operating in the zone are working together to increase production levels at Khafji and the joint Wafra operation, the Saudi Press Agency reported.

During talks between the two delegations about the energy sector, both sides praised the close cooperation and the successful efforts of the OPEC+ group to enhance the stability of the global oil market, the SPA added.

They also stressed the importance of continued cooperation and the need for all participating countries to adhere to OPEC+ agreements.

Most Popular
Recommended

return to top