Neutral Zone Agreement

However, until the discovery of oil in Kuwait`s Burgan (Burqan) in 1938, there was little interest in definitive settlement in the so-called « neutral » zone. With the possibility of the discovery of oil in the neutral zone itself, concessions were granted by each government between 1948 and 1949 to private companies. Subsequently, the two countries used oil as part of a joint exploitation agreement. [Reprinted from a translation by Dr. Sayed M. Hosni, Legal Counsel, Ministry of Foreign Affairs, Kuwait. The agreement was signed by Ahmad Zaki Yamani, Saudi Arabia`s Minister of Oil and Mineral Resources, and Jaber al-Ahmad al-Sabbah, Kuwait`s Deputy Prime Minister and Minister of Finance and Industry. As of October 1, 1965, ratification instruments had not yet been exchanged.] The Saudi Arabia-Kuwait neutral zone, also known as the divided zone, was 5,770 km2 between the borders of Saudi Arabia and Kuwait, which remained undefined at the December 2, 1922 World Convention. Although the area has disappeared for half a century, it is pumped in oil, always by chords. [5] In the area later referred to as the « neutral zone » or « shared zone, » the Uqair Convention stated that « the government of Najd and Kuwait will share the same rights until the good offices of the British government conclude another agreement between Najd and on Kuwait. » On 24 December, the countries signed a new land allocation agreement with each other and a Memorandum of Understanding for the resumption of oil production from common fields in the area following the suspension of activities in 2014. Kuwaiti Oil Minister Khaled al-Fadhel (C-L) and Saudi Oil Minister, Prince Abdulaziz bin Salman (C-R) … [] come to a ceremony to sign an agreement to resume oil production in the neutral zone between the two countries, in Wafra, about 100 km south of kuwait city, on December 24, 2019.

(Photo by Yasser Al-Zayyat/AFP via Getty Images) « He approved … Amending and renewing an agreement between the Saudi government and Saudi Arabia in the neutral zone, » the cabinet said, without giving further details. In 1957, Saudi Arabia signed a concession agreement with the Japanese Arab Oil Co., and Kuwait signed in 1958. This concession expired in 2000. [1] The agreements were signed by Saudi Energy Minister Prince Abdulaziz bin Salman, his Kuwaiti counterpart Khaled Ali Al-Fadhil and Kuwait`s Foreign Minister, Dr Ahmed Nasser Al-Mohammed Al-Sabah. CAIRO (Reuters) – Saudi Arabia`s cabinet has approved an agreement with Chevron Saudi Arabia (SAC) on the neutral zone between the Kingdom and Kuwait, the state news agency reported on Tuesday. Negotiations on partition began shortly after the meeting of the leaders of Kuwait and Saudi Arabia and decided in October 1960 to divide the neutral zone.