US major Chevron, which manages Saudi Arabia’s 50% interests in the Neutral Zone, sees no significant impact on its production or cash flow from a possible exit from the concession.
Chevron has served notice that its future operations in the so-called Partitioned Neutral Zone (PNZ) shared by Saudi Arabia and Kuwait, are at risk because of an ongoing dispute between the two neighbors on management of their shared resources. (CONTINUED - 489 WORDS)
