Kuwait to invest $11bn to boost neutral zone output

[Kristy]

Bader al-Khashti, chairman of Kuwait Gulf Oil, said the company plans to invest around $11bn in the next 20 years to boost oil output capacity to 900,000 barrels per day from the Neutral Zone it shares with Saudi Arabia. Kuwait also plans to invest about $4-5nn to develop the massive Dorra gas field, a point of dispute with Iran, from which it aims to start production by 2017.http://rss.feedsportal.com/c/32213/f/425040/s/4191d54/mf.gifhttp://rss.feedsportal.com/images/emailthis2.gif (http://res.feedsportal.com/viral/sendemail2.html?title=Kuwait to invest $11bn to boost neutral zone output&link=http://www.ameinfo.com/195569.html)http://rss.feedsportal.com/images/bookmark.gif (http://res.feedsportal.com/viral/bookmark.cfm?title=Kuwait to invest $11bn to boost neutral zone output&link=http://www.ameinfo.com/195569.html)


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