A delegation team from Kuwait has been welcomed by Oil minister of Iraq. It is expected that the two concerned parties of the two nations will discuss future bilateral relationships.
Iraqi Oil Minister Adil Abdel Mahdi met in Baghdad with Kuwaiti Ambassador to Baghdad Ghassan al-Zawawi.
According to a ministry statement, "They discussed mutual relations between the two countries, especially in the oil sector."
The statement further added, "[The Iraqi minister] praised the Kuwaiti role in supporting Iraq economically and politically, as well as the Kuwaiti companies contributing to developing the oil industry."
Kuwait Energy, an independent company, holds a 70 percent stake in the Block 9 area in Basra in southern Iraq. The company said it produced 2,000 barrels of oil per day during a production test and will continue to appraise its latest discovery through the end of this year.
Iraq's super-giant Rumaila sits near the shared border with Kuwait. Disputes over the field led to war between the two countries during the regime of Saddam Hussein.
BP and the China National Petroleum Corporation are working to enhance production from the Rumaila oil field to a plateau level of 2.85 million barrels per day.
Updated 24 Sep 2014 | Soruce: UPI | By S.Seal