It’s been five years since underlying tensions over the Saudi-Kuwait Partitioned Neutral Zone (PNZ) burst to the surface with the shut-in of the offshore Khafji field in October 2014 (MEES, 24 October 2014). And in just six months’ time, it will be half a decade since the 500,000 b/d capacity PNZ last produced a drop of oil (MEES, 15 May 2015).
There is growing optimism in Kuwait that this embarrassing intra-GCC anniversary can be avoided, but previous such hopes have ultimately come to naught (MEES, 5 October 2018). Saudi Arabia and Kuwait share the area’s subsurface resources (see map) and so any output from the PNZ is divided 50:50. (CONTINUED - 732 WORDS)