Production From Saudi Arabia, Kuwait Neutral Zone Fields Won’t Resume Anytime Soon

Production from the neutral zone between Saudi Arabia and Kuwait won’t be resumed anytime soon, as the issue became political rather than technical issue.

The statement was made by Nezar Al Adasani, deputy chairman of the board of directors and CEO of Kuwait Petroleum Corp., while attending the annual social meeting of Kuwait’s Oil Development Association, on Nov. 5 in Kuwait. In the video which has now gone viral, and prompted KPC to issue a statement on Dec. 4, Al Adasani said that everything was in place to be signed prior the visit of the Saudi Crown Prince Mohammed bin Salman to Kuwait last October. A visit that was supposed to witness the signature of the agreement to resume production from the divided zone as the two parties agreed on all details and addressed all issues, but at the very last minute, things changes as the issue became political issue rather than a technical, Al Adasani said.