×
  • Oil & Gas - News
  • Updated: August 03, 2023

Saudi Arabia, Kuwait Claim Exclusive Ownership Of Disputed Gas Field

Saudi Arabia, Kuwait Claim Exclusive Ownership Of Disputed G

The natural resources in a gas field that Saudi Arabia and Kuwait are disputing with Iran "are exclusively owned by the Kingdom of Saudi Arabia and Kuwait, as the two countries have the full sovereign rights to exploit the resources of the area," the Saudi Press Agency reported, citing a statement from the Saudi Foreign Ministry.

Iran's announcement that it will begin drilling at the field—which Kuwait and Saudi Arabia refer to as Durra—which Iran names Arash—sparked the conflict earlier this year.

For Iran to be able to justify its claim to 40% of the Arash/Durra field, Kuwait and Saudi Arabia have demanded that Iran first define its own maritime border.

In the statement on Thursday, Saudi Arabia said that “the Kingdom and Kuwait reiterate their previous and persistent calls for the Islamic Republic of Iran to engage in negotiations concerning the eastern border of the maritime Divided Area, with the Kingdom of Saudi Arabia and the State of Kuwait to be represented as one negotiating party, while Iran represents the other party.”

Iran's oil minister, Javad Owji, declared earlier this week that his country would not cede even a "iota" of its rights to exploit the offshore gas field.

“We announced to Kuwait that ... we are ready to make use of this field jointly, and that we regard this as the [undeniable] right of the Islamic Republic of Iran,” the minister was quoted as saying by Iranian media on Wednesday.

Kuwait would start drilling and producing gas at the field without waiting for the demarcation of the country's border with Iran, according to Saad Al Barrak, the oil minister of Kuwait.

Iran's Owji earlier this week declared that his nation would "pursue its rights" in the disagreement over the gas field.

Just as the two countries were beginning to see a thaw in their relations, including the reopening of diplomatic contacts and discussions about putting an end to the conflict in Yemen, tensions between Saudi Arabia and Iran erupted.

Related Topics

Join our Telegram platform to get news update Join Now

0 Comment(s)

See this post in...

Notice

We have selected third parties to use cookies for technical purposes as specified in the Cookie Policy. Use the “Accept All” button to consent or “Customize” button to set your cookie tracking settings