Kuwait’s Ministry of Oil announced on 10 January an MoU between state firm Kuwait Gulf Oil Company (KGOC) and Saudi Arabian Chevron (SAC) covering onshore gas from the Partitioned Neutral Zone (PNZ) which is split between Kuwait and Saudi Arabia (MEES, 14 January).
Under the agreement, excess gas (gas not used for site operations) from the Wafra field will be piped to the Kuwaiti grid for use in power plants. The ministry says that volumes will start at around 12mn cfd, rising to 40-50mn cfd within around five months, before eventually reaching 80-100mn cfd after four years. (CONTINUED - 166 WORDS)