BAKU, Azerbaijan, July 11. Iran focuses on determining the maritime border with Kuwait and benefiting from developing joint hydrocarbon resources, Spokesman of Iranian Ministry of Foreign Affairs, Nasser Kanaani said, Trend reports.
“The issue of Arash (Durra) oil-gas field was one of the issues discussed by Iran and Kuwait related to the determination of maritime boundaries. The last meeting on technical and legal issues took place on March 13, 2023 in Tehran between the delegations of Iran and Kuwait with the participation of high-level directors of the foreign ministries of the two countries,” he noted.
Kanaani added that taking into account the principle of good neighborliness with all neighbors, including Kuwait, delimiting the sea border and benefiting from joint hydrocarbon resources is the focus of Iran's attention.
The spokesman also said that the policy of the current government of Iran is based on negotiations and cooperation, and in this framework, bilateral issues are in the spotlight.
On July 10, 2023, Kuwait's Oil Minister Saad Al-Barak said that there will be no talks with Iran about the Durra field.
There is no room for negotiations with Iran on this issue until there is an agreement on the map of the sea borders on the determination of rights, this field is the monopoly of Kuwait and Saudi Arabia, he said at the time.
The Arash (Durra) gas field is located in the Persian Gulf between Iran, Saudi Arabia, and Kuwait. The field reportedly contains 20 trillion cubic feet (about 600 billion cubic meters) of gas and about 310 million barrels of oil.
On March 21, 2022, Saudi Arabia and Kuwait signed an agreement
on the development of the mentioned field. According to the
agreement, daily 1 billion cubic feet (about 28.3 million cubic
meters) of gas and 84,000 barrels of gas condensate will be
produced from the mentioned field.
The agreement was not unequivocally accepted by Iran, which called
for additional discussions and a settlement on the development of
the field, as the Islamic Republic claims a stake in the Durra
field.
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