Kuwait Oil Company said in a statement that the discovery will
provide a significant boost to the country’s resource reserves.
(Shutterstock)
The Associated Press, Kuwait City
Thursday, 24 March 2016
Kuwait’s state oil company says it has discovered a new oil and gas field in the Western part of the country.
Kuwait
Oil Company said in a statement to the country’s state news agency
Thursday that preliminary tests suggest the new field in the
al-Jathatheel region will provide a significant boost to the country’s
resource reserves.
It says company teams are currently carrying out tests at the field.
The
statement gave no estimate on the size of the field, and a company
spokesman did not immediately respond to a request for comment.
According
to the US Energy Information Administration, Kuwait has the sixth
largest crude oil reserves worldwide. Kuwait is a member of OPEC
bordering Iraq and Saudi Arabia at the northern end of the Persian Gulf.
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