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The Oil and Energy committee of Iraq’s Council of Representatives announced on Sunday that there are 10 oil fields stradling the Iraqi-Kuwaiti border that are waiting to be demarcated, according to AKnews.
Committee member Furat al-Sharei told the agency that the oil will be extracted from these fields after finding joint mechanisms between the countries. There are also ten fields shared in common with Iran that are waiting for demarcation before extraction can begin.
The problem of the common fields can be resolved by developing legal mechanisms.
The Kuwaiti government denied trespassing on joint oil fields with Iraq last July, accusing unnamed parties of trying to destabilize relations between the two countries.
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Committee member Furat al-Sharei told the agency that the oil will be extracted from these fields after finding joint mechanisms between the countries. There are also ten fields shared in common with Iran that are waiting for demarcation before extraction can begin.
The problem of the common fields can be resolved by developing legal mechanisms.
The Kuwaiti government denied trespassing on joint oil fields with Iraq last July, accusing unnamed parties of trying to destabilize relations between the two countries.
[You must be registered and logged in to see this link.] [b]
