Iran to “assert its rights” over disputed gas field

Iran reaffirms its determination to defend its rights over the disputed gas field, which also involves Saudi Arabia and Kuwait, in the absence of cooperation from these two countries, while Teheran is still seeking a negotiating route to resolve the conflict over the field.

Share:

Iran will “assert its rights” over a gas field also claimed by Saudi Arabia and Kuwait, in the absence of a “willingness to cooperate” on the part of these two countries, Iran’s oil minister said on Sunday.

Iran says it is seeking a negotiating path in the gas field dispute

“Iran will assert its rights and interests regarding the exploitation and exploration” of the field “if there is no willingness for understanding and cooperation”, said the minister, Javad Owji, quoted by Iran’s official Shana news agency.

With estimated reserves of 220 billion cubic meters, the field, known as Arash in Iran and Dorra in Kuwait and Saudi Arabia, has been the subject of a long-running dispute between the three countries. An agreement on joint exploitation was signed in March 2022 between Kuwait and Saudi Arabia, and described as “illegal” by Tehran. At the end of June, Iran announced that its national oil company was preparing to “start drilling in the joint Arash field”, and in early July Kuwait called on Tehran to come to the negotiating table.

On Thursday, Kuwait’s Oil Minister Saad al-Barrak, quoted by the SkyNews Arabia television channel, said that his country would begin “drilling and production” at the gas field – without waiting for a possible agreement with Iran on the demarcation lines.

“Iran will not tolerate any violation of its rights”, said the Iranian Oil Minister on Sunday, assuring that Iran had sought “the path of negotiation” with its neighbors.

The dispute over the field dates back to the 1960s, when Kuwait granted a concession at Dorra to Anglo-Iranian Petroleum, which later became part of BP, while Iran gave a concession to Royal Dutch/Shell. The two concessions overlap in part of the gas field. The two countries have been negotiating for years to resolve this disagreement, to no avail. In 2001, Iran began drilling in the field. This prompted Kuwait and Saudi Arabia to definitively fix their maritime border and agree to jointly exploit the Dorra field.

The Brazilian mining sector is drawing US attention as diplomatic discussions and tariff measures threaten to disrupt the balance of strategic minerals trade.
Donald Trump has raised the prospect of tariffs on countries buying Russian crude, but according to Reuters, enforcement remains unlikely due to economic risks and unfulfilled past threats.
Afghanistan and Turkmenistan reaffirmed their commitment to deepening their bilateral partnership during a meeting between officials from both countries, with a particular focus on major infrastructure projects and energy cooperation.
The European Union lowers the price cap on Russian crude oil and extends sanctions to vessels and entities involved in circumvention, as coordination with the United States remains pending.
Brazil adopts new rules allowing immediate commercial measures to counter the U.S. decision to impose an exceptional 50% customs tariff on all Brazilian exports, threatening stability in bilateral trade valued at billions of dollars.
Several international agencies have echoed warnings by Teresa Ribera, Vice-President of the European Commission, about commercial risks related to Chinese competition, emphasizing the EU's refusal to engage in a price war.
The European Bank for Reconstruction and Development lends €400 million to JSC Energocom to diversify Moldova's gas and electricity supply, historically dependent on Russian imports via Ukraine.
BRICS adopt a joint financial framework aimed at supporting emerging economies while criticizing European carbon border tax mechanisms, deemed discriminatory and risky for their strategic trade relations.
The European Commission is launching an alliance with member states and industrial players to secure the supply of critical chemicals, amid growing competition from the United States and China.
Trade between Russia and Saudi Arabia grew by over 60% in 2024 to surpass USD 3.8 billion, according to Russian Minister of Industry and Trade Anton Alikhanov, who outlined new avenues for industrial cooperation.
Meeting in Rio, BRICS nations urge global energy market stability, openly condemning Western sanctions and tariff mechanisms in a tense economic and geopolitical context.
Despite strong ties, Iran's dependence on oil revenues limits its ability to secure substantial strategic support from Russia and China amid current international and regional crises, according to several experts.
Egypt’s Electricity Minister engages in new talks with Envision Group, Windey, LONGi, China Energy, PowerChina, and ToNGWEI to boost local industry and attract investments in renewable energy.
The potential closure of the Strait of Hormuz places Gulf producers under intense pressure, highlighting their diplomatic and logistical limitations as a blockage threatens 20 million daily barrels of hydrocarbons destined for global markets.
Budapest and Bratislava jointly reject the European Commission's proposal to ban Russian energy supplies, highlighting significant economic risks and a direct threat to their energy security, days ahead of a key meeting.
Libya officially contests Greece's allocation of offshore oil permits, exacerbating regional tensions over disputed maritime areas south of Crete, rich in hydrocarbons and contested by several Mediterranean states.
Hungary, supported by Slovakia, strongly expresses opposition to the European Commission's plan to phase out imports of Russian energy resources, citing major economic and energy impacts for Central Europe.
Israeli military strikes on Iran's Natanz nuclear site destroyed critical electrical infrastructure but did not reach strategic underground facilities, according to the International Atomic Energy Agency (IAEA).
The French president travels to Nuuk on 15 June to support Greenlandic sovereignty, review energy projects and respond to recent US pressure, according to the Élysée.
Kazakhstan has selected Rosatom and China National Nuclear Corporation to build two nuclear power plants totaling 2.4 GW, a decision following a favorable referendum and coinciding with Xi Jinping’s upcoming strategic visit.