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Kuwait to assign int'l consultant to develop joint fields - Official
August 23, 2018, 7:48 am
Oil Minister and Minister of Electricity and Water Bakheet Al-Rashidi.

Kuwait in coordination with Iraq will select an international consultant to examine development of the joint crude fields, Oil Minister and Minister of Electricity and Water Bakheet Al-Rashidi said Wednesday.

The two countries have already named four nominated advisors for the task, said the minister in a statement to journalists during an inspection of East Doha power plant, adding that a single one would be chosen for the mission.

A company or a team will be tasked with dividing the crude production and costs, the minister indicated. He predicted agreements with Iraq on importing the Iraqi gas and examining the joint fields before the year-end.

Minister Al-Rashidi re-affirmed Kuwait's readiness to supply the neighboring country with supplies in need, noting that power generators and water desalination units were given to Iraq earlier this summer upon instructions by His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah.

Kuwait, last month, donated 17 mobile power generators to Iraq to help it cope with power shortage in southern city of Basra; in addition to four water desalination units. On prospects of power linking with Iraq, he affirmed that the concerned GCC authority is holding talks with the Iraqis for linking up the Iraqi and GCC power networks in the foreseable future.

Source: KUNA

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