Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud arrives at the OPEC headquarters in Vienna, Austria.
Prince Abdulaziz bin Salman made the announcement at Khafji oil field complex in Saudi Arabia, a day after signing a deal with Kuwait that ended a dispute over the partitioned Neutral Zone that is shared by the two countries. “With the signing of this new accord, both parties have reached consensus that now is the right time to resume production in this zone,” Saudi Aramco President and Chief Executive Amin Nasser said in a statement.Khafji is operated by AGOC, a subsidiary of Aramco, and Kuwait’s Gulf Oil Company.
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