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Kuwait prepares to restart Neutral Zone oilfields

Kuwait prepares to restart Neutral Zone oilfields

The country said any additional supplies will compensate for a cut from other fields

Kuwait is preparing to restart production from oilfields jointly operated by Saudi Arabia and Kuwait but any additional supplies will compensate for a cut from other fields, the OPEC country’s oil minister said on Thursday.

Essam Abdul Mohsen Al-Marzouq told reporters in Kuwait that the step to restart the oilfields in the Neutral Zone, which lies between both countries, awaits a final decision from the political leadership.

“We will commit to our share in OPEC [cut deal] and any [additional] production from the Neutral Zone will mean a reduction in output from other fields,” he said.

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