Saudi Crown Prince to discuss Neutral Zone oil output during Kuwait trip: source

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By Rania El Gamal

DUBAI (Reuters) – Saudi Arabia’s Crown Prince Mohammad bin Salman is expected to discuss the resumption of oil output from the Neutral Zone, which the kingdom’s shares with Kuwait, during a trip to the Gulf Arab state on Sunday, a source familiar with the matter told Reuters.

Prince Mohammad will be accompanied by Energy Minister Khalid al-Falih during his trip to Kuwait, two separate sources said.

The Saudi crown prince will hold talks with Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah, the Kuwaiti News Agency has reported.

The closure of the Neutral Zone’s jointly operated oilfields, mainly Khafji and Wafra, has become a political sticking point between the two Gulf OPEC allies and senior officials have been trying to resolve the issue for months.

It was not clear whether the renewed talks on the Neutral Zone would result in the resumption of oil production from the area, one of the sources said.

The Saudi government media office did not immediately respond to a Reuters request for comment.

Read more at : https://www.investing.com/news/commodities-news/saudi-crown-prince-to-discuss-neutral-zone-oil-output-during-kuwait-trip-source-1629065

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