VOL. XLIV

No 38

17-September-2001

KUWAIT/SAUDI ARABIA

AOC Says Preliminary Talks On Future Neutral Zone Role EndSatisfactorily

Japans Arabian Oil Company (AOC)has announced that its preliminary talks with Kuwait on finding a possiblefuture role when its concession for Kuwaits half-interest in the offshoreNeutral Zone expires on 3 January 2003 have been successful. A brief AOCstatement said: We negotiated with the Kuwaiti Oil Ministry under the 7 Julymemorandum of understanding and negotiations...