Iran General NewsKuwait protests at Iran step to develop gas field

Kuwait protests at Iran step to develop gas field

-

Reuters: Kuwait protested on Tuesday against Iran’s intention to unilaterally develop a disputed offshore gas field in the Gulf unless an agreement is reached, Kuwait’s state news agency KUNA reported.

DUBAI Jan 3 (Reuters) – Kuwait protested on Tuesday against Iran’s intention to unilaterally develop a disputed offshore gas field in the Gulf unless an agreement is reached, Kuwait’s state news agency KUNA reported.

Iran said on Sunday it would launch full-scale unilateral development of the field if Kuwait does not respond to its offer of joint development.

Kuwait’s Foreign Ministry summoned Iran’s charge d’affaires and handed him a letter saying that negotiations were still ongoing between the two countries and development could not take place before an agreement is reached, KUNA said.

The comments came following Iran fresh threat on Tuesday to take action if the U.S. Navy moves an aircraft carrier into the Gulf, Tehran’s most aggressive statement after weeks of sabre-rattling as new U.S. and EU financial sanctions take a toll on its economy.

The Arash gas field is located on Iran-Kuwait’s water border and it is called Dorra in the Kuwait part of the field.

The field’s gas reserve is estimated at one trillion cubic feet along with some 310 million barrels of oil.

Kuwait and its neighbour Saudi Arabia have protested to non-Arab Iran on its drilling for gas in the disputed field when the three states have not reached an accord on demarcating their sea borders in the northern Gulf.

Iran has the world’s second largest gas reserves but has struggled for years to develop them due to tightening international sanctions that have kept away foreign energy firms with the capital and technology it needs. (Reporting by Amena Bakr; editing by Keiron Henderson)

Latest news

Snapback Sanctions, a Must Response to Iran’s Human Rights Abuse and JCPOA Violations

The protests in Iran have been going on for more than two months, even though the regime is cracking...

Growing Disintegration Among Iran Regime’s Forces

Iran has been shaken by a wave of nationwide protests since mid-September. The trigger was the death of the...

Grim Tidings for Iran’s Regime After Approval of UN Fact-Finding Mission

After many discussions and debates, the United Nations Human Rights Council has approved a fact-finding mission to investigate the...

Iranian People’s Resistance Changed the Appeasement Policy

Soon after the new US government started its obligations in January 2021, hand in hand with the European governments...

Khamenei’s Disgraceful Campaign Against Piranshahr and Javanrud, Who Will Be the Loser?

On the 67th day of Iran’s revolution, the Iranian regime attempted to put a halt to the protests in...

Iran: Expensive Medicine, Cheap Human Life

A look at the equipment and weapons that the Iranian regime has been using against its people to suppress...

Must read

EU: Suspension of Iran stoning case not enough

AP: The European Union presidency said Thursday that Iran's...

Iran curbs foreign-sourced email providers

AFP: Iran's telecommunications ministry has barred local banks, ...

You might also likeRELATED
Recommended to you