Qatar and the United Arab Emirates have each extended a concession to an offshore oil field they share to a Japanese consortium despite a diplomatic crisis between the two of them tearing at the region.
Both Qatar and the UAE on Tuesday acknowledged the extension of the concession at the al-Bunduq offshore field in the Persian Gulf, which the two countries have equally shared since 1969.
But even what should be a routine concession ran up against the ongoing boycott of Qatar by the UAE, Bahrain, Egypt and Saudi Arabia.
Qatar Petroleum described the concession as showing "its international reputation as a trustworthy national oil company and a reliable energy provider at all times."
The UAE meanwhile said the concession involved "no direct communication or engagement between the two states."
Read More Qatar, UAE Extend oil Field Concession to Japan Amid Crisis : http://ift.tt/2FLahgD
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