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Kuwait, Iraq to form panel to discuss oil operations
www.chinaview.cn 2004-07-26 16:30:40

   KUWAIT CITY, July 26 (Xinhuanet) -- Officials from the oil ministries of Kuwait and Iraq will form a committee to discuss oil operations between the two countries, the Arab Times reported Monday.

   Undersecretary of Kuwaiti Energy Ministry Essa Al-Oun was quoted as saying that technicians from Kuwaiti and Iraqi companies will also be members of the committee.

   "A meeting, which was scheduled to be held on July 18, 2004, to discuss the issue has been postponed to mid-September," Al-Oun said.

   "Preparations for oil operations will need lengthy discussions, especially as such important issues can't be decided in one meeting," he said.

   According to the report, Iraqis are demanding a fair treaty on oil operations similar to the one being followed by Kuwait and Saudi Arabia.

   Having the second largest oil reserves in the world, Iraq is seeking help from neighbors, such as Syria and Kuwait, to help it revitalize its war-ravaged oil industry.  Enditem 
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