Full crude oil production from the Partitioned Neutral Zone

13 May 2016   Kuwait

Full crude oil production from the Partitioned Neutral Zone between Saudi Arabia and Kuwait could restart in a year, head of research at Kuwait Petroleum Company Abdulaziz Al Attar said Tuesday. “It is very difficult to say when, but it is in the process [of restarting],” Al Attar said at the Platts Crude Oil Summit in London. “We hear production will come back… a month, maybe a year, but we don’t know exactly when.” The PNZ consists of the 200,000 b/d onshore Wafra field, which ceased production in May 2015 and the 300,000 b/d offshore Khafji field, which has been shut since October 2014. Article Continues below… Oilgram News brings you fast-breaking global petroleum and gas news on and including: Industry players, upstream and downstream markets, refineries, midstream transportation and financial reports Supply and demand trends, government actions, exploration and technology Daily futures summary Weekly API statistics, and much […]

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