06 Sep, 23

Exports From Khafji Oilfield To Restart After Halt Due To Fire

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The Khafji oilfield shared by Saudi Arabia and Kuwait is set to resume oil exports of around 110,000 barrels per day (bpd) in the coming week, after nearly a month of suspension due to a fire, a source with knowledge of the matter told Bloomberg on Wednesday. The Khafji oilfield is shared by two of the biggest oil producers in the Middle East, Saudi Arabia and Kuwait.   The field is in the so-called Partitioned Neutral Zone (PNZ) and hasn’t exported crude since August 10, when a fire erupted. Last month, Khafji Joint Operations…

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