Aramco Gulf Operation, Kuwait’s KGOC to develop Durra gas field

Getty Images

The MoU aims at producing 1 billion cubic feet of natural gas and 84,000 barrels of liquefied natural gas (LNG) per day

Staff Writer, Arab Finance

December 13, 2022

PHOTO

Saudi Aramco Gulf Operations Company has signed a memorandum of understanding (MoU) with Kuwait Gulf Oil Company (KGOC) to develop the joint Durra natural gas field, Reuters reported on December 11th, citing Saudi news agency (SPA).

The MoU aims at producing 1 billion cubic feet of natural gas and 84,000 barrels of liquefied natural gas (LNG) per day, according to the Saudi state news agency.

The signing ceremony took place in Kuwait and was attended by Saudi Minister of Energy Abdulaziz bin Salman and Kuwaiti oil minister Badr Hamed Al Mulla attended a signing, according to SPA.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO