October 17, 2006
Kuwait, Kurdistan cooperate in developing oil fields
UPI
Sulaimaniyah, Kurdistan Region (Iraq), October 17 ,-- Iraqi and Kuwaiti officials plan to secure an agreement of cooperation in the next few months, allowing Kuwait to help Iraq develop its oil fields, according to local media reports.
Kuwait wants to assist Iraq in meeting demands for oil products, especially auto fuel and kerosene, Al-Watan reported.
Hani Hussein, executive chairman and vice-chairman of Kuwait Petroleum Co., said in a statement to Al-Watan that participation "will be limited to the technical aspects only and will not exceed more than that because they did not ask for any other kind of participation."
The Iraqi Oil Ministry has prepared a plan to build new oil refineries, including the Koya refinery in Koysanjak, in semi-autonomous Kurdistan region, at a production capacity of 70,000 barrels per day.
There will be joint visits between the two sides to determine other possible areas of cooperation in addition to the exchange of expertise, getting acquainted with work in Kuwaiti refineries, and observing some outstanding units in the refineries and how to manage them.
