|05 April, 2020

Kuwait exports Al-Khafji crude from Neutral Zone, first in five years

The Dar Salwa will be heading to Asia carrying about one million barrels of crude

Bach Ho oil rig is seen off Vietnam's coastal Vung Tau city in this April 20, 2010 picture. Vietnam's crude oil production fell 18.8 percent in April from the same month last year to an estimated 1.15 million tonnes, or about 281,000 barrels per day, the government said on Tuesday. Picture taken on April 20, 2010. REUTERS/Stringer

Bach Ho oil rig is seen off Vietnam's coastal Vung Tau city in this April 20, 2010 picture. Vietnam's crude oil production fell 18.8 percent in April from the same month last year to an estimated 1.15 million tonnes, or about 281,000 barrels per day, the government said on Tuesday. Picture taken on April 20, 2010. REUTERS/Stringer

REUTERS/Stringer

DUBAI- Kuwait's oil ministry announced on Sunday that the first shipment of al-Khafji crude oil from the so-called the Neutral Zone shared with Saudi Arabia has been exported, the first in five years.

The shipment was loaded Saturday and Sunday on to the Kuwaiti tanker Dar Salwa, the ministry said in a tweet.

Oil Minister Khaled al-Fadhel said on Friday the Dar Salwa will be heading to Asia carrying about one million barrels of crude.

OPEC members Saudi Arabia and Kuwait started trial oil production from the jointly operated oilfields in February, after agreeing last year to end a five-year dispute over the shared zone which can pump up to 0.5% of global oil supply.

(Reporting by Maher Chmaytelli; editing by Jason Neely) ((maher.chmaytelli@thomsonreuters.com;))

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