Al Uqair Agreement

“We hope it will be resolved in 2019,” he said in response to the question of when Saudi Arabia and Kuwait could reach an agreement. NEW DELHI, Feb 20 (Reuters) – Saudi Arabia`s energy minister Khalid al-Falih said on Wednesday that the country expected an agreement this year to resume oil production from the neutral zone it shares with Kuwait. Our Standards: Thomson Reuters Trust Principles. The neutral zone of Saudi Kuwait is an area of 5,770 square kilometres between the borders of Saudi Arabia and Kuwait, which remained undefined when the border was won by the Uqair Convention of December 2, 1922. (Report by Nidhi Verma and Alasdair Pal; “I am confident,” al-Falih said, referring to the possibility of a solution in 2019. The Energy Minister met tuesday with Kuwait`s emir, Sheikh Sabah al-Ahmad al-Jaber al-Sabah. The resumption of production from the neutral zone oil fields could reach 500,000 barrels per day for oil production from Saudi Arabia and Kuwait.