Kuwait oil company says it's found new oil and gas field
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Kuwait's state oil company says it has discovered a new oil and gas field in the Western part of the country.
Kuwait Oil Company said in a statement to the country's state news agency Thursday that preliminary tests suggest the new field in the al-Jathatheel region will provide a significant boost to the country's resource reserves.
It says company teams are currently carrying out tests at the field.
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The statement gave no estimate on the size of the field, and a company spokesman did not immediately respond to a request for comment.
According to the U.S. Energy Information Administration, Kuwait has the sixth largest crude oil reserves worldwide. Kuwait is a member of OPEC bordering Iraq and Saudi Arabia at the northern end of the Persian Gulf.