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Gas Field Dispute

All articles tagged with #gas field dispute

international-relations2 years ago

"Saudi Arabia and Kuwait Assert Ownership of Contested Gas Field"

Saudi Arabia and Kuwait have reaffirmed their exclusive ownership and sovereign rights over a disputed gas field with Iran, known as Arash/Durra. They called on Iran to demarcate its maritime border to validate its claim to 40% of the field. Iran, however, insists on its rights to exploit the offshore gas field and has rejected any compromise. The tensions between Saudi Arabia and Iran over the gas field dispute come at a time when the two countries have been taking steps towards improving relations.

energy2 years ago

Iran Stands Firm on Disputed Gas Field Rights

Iran's Oil Minister, Javad Owji, stated that Iran will not give up any of its rights to the disputed Arash/Dorra gas field, which is also claimed by Kuwait and Saudi Arabia. Iran has offered to jointly use the field with Kuwait but insists on its undeniable right to exploit it. The dispute escalated when Iran announced plans to start drilling at the field, prompting Kuwait and Saudi Arabia to demand Iran demarcate its maritime border first. Iran has vowed to pursue its rights and benefits in the dispute, which comes at a time when tensions between Saudi Arabia and Iran were showing signs of thawing.

international-relations2 years ago

"Persian Gulf Gas Field Dispute Tests Saudi-Iranian Rapprochement"

The dispute over the Al-Durra gas field in the Persian Gulf is posing an early challenge to the recent Saudi-Iranian rapprochement brokered by China. Saudi Arabia and Kuwait claim joint ownership of the gas field, while Iran asserts its rights to the field. Talks held in March failed to reach an agreement on border demarcation. Tensions are already high in the region, with the US building up military forces in response to Iran's alleged unlawful seizure of oil tankers. The resolution of the gas field dispute remains uncertain, but it highlights the ongoing regional rivalry between Saudi Arabia and Iran.