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Iraqi - Kuawiti negotiations regarding mutual oil wells
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Translated by IRAQdirectory.com - [7/6/2008]
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Informed sources revealed the existence of Iraqi negotiations - to discuss the Kuwaiti oil fields shared between the two countries and find solutions for the problems, Assuring that Iraq is losing 1600 barrels of oil per day, due to transferring them from Iraqi wells to Kuwait.
The Deputy Chairman of Oil and Gas Committee in the parliament Mohamed Hussein Al Yassin said: "The common fields between Iraq and Kuwait are located in Southern Rumaila region "Ratqah" and the Dome of Safwan in Al Zubayr field are activating efficiently through the use of high technology precision and maximum possible investment by Kuwait, especially after the Iraq border demarcation in mid-nineties Of the last century, Iraq lost 11 oil wells in Rumaila ,and 3 wells at dome of Safwan and Zubayr region. ";
Yassin pointed out that, the Foreign Ministry conducted dialogues and negotiations with the Kuwaiti side which is trying to activate the shared Technical committees, where studying the possibility of these oil fields, energy of production and stockpile, in addition to each country's share of this provision and the amount should be withdrawn by each country. He pointed to the existence of future meetings with the Iranian side to discuss the issue of stabilizing the border in accordance with the Treaty of Algiers and for the purpose of knowledge in fields on the Iraqi side and the Iranian side. He confirmed that "negotiations between the Iraqi and Kuwaiti sides continued despite the reluctance, especially Kuwait declared readiness to resolve the border problems on the fields, which were drilled more than 20 wells in the area Ratqah and 25 wells in the area opposite the Dome of Safwan on the Kuwaiti side," warning that the use of Modern technology and continuously causing exhaust of oil. He continued, Vice Chairman of the Committee: that there is information indicating that 1600 barrels of oil moved from Iraq to the Kuwaiti fields daily, calling for the need to end the file of the fields shared by referring the issue to international companies specialized in production and determine the share of each country, calling at the same time, the adoption of modern technology in the field of oil and out of the complications that prevent development, as well as the need to focus efforts on the south border near Kuwait to repair the wells in the region and to reduce the transference of oil to Kuwait.
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