Further delays likely before Kuwait-Saudi Neutral Zone output resumes
Issue 1095 - 09 Jan 2020
The memorandum of understanding (MoU) signed on 24 December by Kuwait and Saudi Arabia to restart production in their shared Neutral Zone was widely welcomed as a breakthrough in a dispute which has been rumbling on since 2014. The deal was signed by Saudi energy minister Prince Abdelaziz Bin Salman, his Kuwaiti counterpart Khaled Ali Al-Fadhil and Kuwait’s foreign affairs minister Ahmed Nasser Al-Mohammed Al-Sabah. It was proclaimed as “historic” by Kuwaiti prime minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah.
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