This post has been read 9037 times!
KUWAIT CITY, March 21: 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 Saudibased 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. His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah received, on Monday at Bayan Palace, the visiting Saudi Arabia’s Minister of Energy., (KUNA)