“The global consulting firm will study the two areas adjacent to the shared border and based on the study’s results will put a rewarding productivity policy for both parties” Iraqi Oil Minister Thamer Al-Ghathban said at a meeting of the Organisation of Arab Petroleum Exporting Countries in Kuwait yesterday.
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Al-Ghathban also said final touches are being made to an agreement which will see Iraq export gas to Kuwait.
“I cannot say that I have any remarks on the agreement because we have exported gas to Kuwait in the 80s,” the minister said. “We all know that Iraq has big needs for gas especially in generating electric power.”
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The Arab states of the Persian Gulf are the seven Arab states which border the Persian Gulf, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).This excludes the non-Arab state of Iran. All of these nations except Iraq are part of the Gulf Cooperation Council (GCC).
