Saudi King Salman Bin Abdul Aziz is planning to visit Kuwait next week following hope rise in the emirate of a resumption of production from a jointly run oilfield after a two-year closure.

The Al Jarida reported, the king is expected to travel to Kuwait on December 8 after a Gulf summit in Bahrain and stay for three days.

It ordered implementation of a Startup Readiness Plan to put “facilities in operational ready state within least possible period in order to achieve the resumption of Khafji crude oil production.”

His visit comes after the state-owned Kuwait Gulf Oil Co. (KGOC) readies for a long hoped-for resumption of production from the offshore Khafji field, mutually run with Saudi Aramco Gulf Operations.

Saudi Arabia cited environmental concerns but the action came amid a slump in prices that put pressure on producers around the world.

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Nandini