Neutrale Zone (Gibraltar), eine im Jahre 1728 vereinbarte ehemalige entmilitarisierte Pufferzone zwischen der britischen Kolonie Gibraltar und Spanien, im Jahre 1908 zwischen Gibraltar und Spanien aufgeteilt Neutrale Zone (Irak), ein ehemaliges gemeinsam verwaltetes Gebiet zwischen Saudi-Arabien und dem Irak (1922–1991) Oil exports from the neutral zone between Kuwait and Saudi Arabia will resume from next month, adding more supply just as OPEC tries to cut output to stem a coronavirus-driven price rout. “It approved ... amending and extending an agreement between the Saudi government and Chevron Saudi Arabia in the Neutral Zone,” the cabinet statement said, without giving further details. Before it's here, it's on the Bloomberg Terminal. Father, Son Used-Car Sellers Get $5 Billion Richer in a Day, Stocks Whipsaw as Traders Weigh Odds of Stimulus: Markets Wrap, JPMorgan to Move $230 Billion Assets to Germany Under Brexit, A 32-Year-Old Finance Tycoon Looms in Obscure Stock Market, HSBC Loyalists Lose Faith After Stock’s $83 Billion Plunge. In the 1970s, the two monarchies agreed to divide the area and incorporate each half into their respective territory while still sharing and jointly managing the zone’s petroleum wealth. The father of modern Saudi Arabia, Abd al-Aziz ibn Abd al-Rahman ibn Saud Al Faysal, known to the West as Ibn Saud, had managed to consolidate much of the central Arabian peninsula under his rule. In Italy, Ecomondo and Key Energy 2020 on environmental topics in North Africa, (In total safety at Rimini Expo Centre), Libya NOC Calls for Demilitarization of Oil Installations, Iraqi Oil Minister: We could raise oil production to 7 million barrels per day by 2025, Huge foreign investment projects in ADNOC’s infrastructure, Suadi Arabia: Temporary postponement of plans to increase oil production capacity, IMF slashes growth forecasts in the Middle East again amid an ‘unusually high level of uncertainty’, Aramco CEO: Saudi Arabia to raise oil production capacity to 13 million barrels per day, ADNOC enables Emirati women the access to the highest positions, and more, In Italy, Ecomondo and Key Energy 2020 on environmental topics in North Africa, in total safety at Rimini Expo Centre, Mexico is forced to reduce crude oil production targets for 2021 in its new budget plan. On Friday, 3 April 2020, Kuwaiti Oil Minister Khalid Ali Al-Fadil said that “Dar Salwa” company’s planes will fly to the countries of Asia with about a million barrels of crude oil. See here for a complete list of exchanges and delays. That came after the state-owned producer said in mid-February that output from the Wafra field, also in the zone, would start within three months. See also: OPEC And Russia Face Off in High-Stakes Talks to Stem Oil Rout. The ministry added that the shipment was loaded through the Kuwaiti airline “Dar Salwa”, according to Middle East Monitor. All quotes delayed a minimum of 15 minutes. Crude oil production resumed early July at the Wafra oilfield, shared by Kuwait and Saudi Arabia. Kuwait Petroleum told buyers Khafji crude available next month, Resumption coming just as OPEC tries to clamp down on supply, OPEC Takes a Big Gamble That Might Be A Little Too Late. The resumption of exports comes as OPEC is trying to limit production, proposing an additional 1.5 million barrels a day of output cuts to offset the economic hit from the virus. The Saudi–Kuwaiti neutral zone, also known as the Divided Zone, was an area of 5,770 km (2,230 sq mi) between the borders of Saudi Arabia and Kuwait that was left undefined when the border was established by the Uqair Convention of 2 December 1922. Currently, the Wafra field is operated by the Kuwait Oil Company on behalf Kuwait Petroleum Corporation, and Chevron on behalf of Saudi Arabia, while the Saudi Aramco and the Kuwait Oil Company manage the Khafji field. The neutral zones date back to 1922. The Kuwaiti Ministry of Oil announced on Sunday 5 April 2020 that it had exported the first shipment of oil from the Khafji field outside the country, through joint operations in the neutral zone with Saudi Arabia.