Iraq and Kuwait to Share Border Oilfields

Kuwait and Iraq have reached an initial agreement on sharing border oilfields, Kuwaiti Oil Minister Sheikh Ahmad al-Abdullah al-Sabah said on Wednesday, according to a report from Reuters.

‘They [the two countries] have agreed in principle. We have signed it from Kuwait’s side. They [Iraq] will be signing it maybe this week or next week,’ he said.

(Source: Reuters)

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