KUNA : Kuwait, Saudi Arabia agree on plan to develop joint offshore gas field – General – 21/03/2022 – Kuwait News Agency

KUNA : Kuwait, Saudi Arabia agree on plan to develop joint offshore gas field – General – 21/03/2022 – Kuwait News Agency

Corrected rpt

KUWAIT, March 21 (KUNA) -- The energy ministers of Kuwait and Saudi Arabia on Monday finalized a development plan on the joint Dorra offshore gas field, a project with a potential output capacity of up to 84,000 barrels of gas condensate per day, in addition to one billion cubic feet of natural gas per day.



The development plan, signed by Dr. Mohammad Al-Fares and his Saudi counterpart Prince Abdulaziz bin Salman, entails the use of cutting-edge and environment-friendly methods to ramp up gas output from the vital project, a joint endeavor between the Saudi-based Aramco Gulf Operations Company and Kuwait Gulf Oil Company. As per the deal, gas output will be divided evenly between the Gulf Arab neighbors, at a time where soaring consumption has led to growing demand for energy in the two countries.



Dorra is located in the Kuwait-Saudi Neutral Zone, where production is divided equally between the two countries. (end) aam.nam