The gas-rich Al-Durra field ignites the dispute between Iran and Kuwait
Arab and international
Economy News _ Baghdad
Views 26
Added 07/05/2023 - 11:55 AM
https://economy-news.net/content.php?id=35014
Arab and international
Economy News _ Baghdad
The Dorra field shared between Kuwait and Saudi Arabia has returned to the limelight again with Kuwait sending a firm message rejecting Iran's claims that it has rights in the field. What is the story of this field and what is behind Iranian claims for a share in this field for Kuwait's share?
Al-Durra field is of great importance on the economic and political levels, as its importance lies in being an expected storehouse for the production of a large amount of gas, whose prices have jumped since the outbreak of the Ukrainian war, but its location, which is located in a border area, has disrupted its production since its exploration date in the sixties, according to a report by the "Channel" website. Arabic".
Al-Durra field is of great importance on the economic and political levels, as its importance lies in being an expected storehouse for the production of a large amount of gas, whose prices have jumped since the outbreak of the Ukrainian war, but its location, which is located in a border area, has disrupted its production since its exploration date in the sixties, according to a report by the "Channel" website. Arabic".
The offshore field, discovered in 1967, is expected to produce one billion standard cubic feet of gas per day and 84,000 barrels per day of condensate, according to a previous statement issued by the Kuwait Petroleum Corporation.
A firm Kuwaiti message regarding the Dorra field
Kuwaiti Oil Minister Saad Al-Barrak affirmed, on Monday, his country's total rejection of what he described as "Iranian allegations and measures" regarding the offshore Dorra gas field, stressing that "the field is a Kuwaiti-Saudi natural wealth and no other party has any rights." In it, even the demarcation of the maritime borders was decided.
Kuwaiti Oil Minister Saad Al-Barrak affirmed, on Monday, his country's total rejection of what he described as "Iranian allegations and measures" regarding the offshore Dorra gas field, stressing that "the field is a Kuwaiti-Saudi natural wealth and no other party has any rights." In it, even the demarcation of the maritime borders was decided.
The Kuwaiti reaction comes after Tehran threatened to start drilling and exploration operations in the Dorra gas field, which is located in the submerged area shared between Kuwait and Saudi Arabia, and Tehran claims that part of it is located in its uncharted territorial waters with Kuwait.
The ownership of this field is equally between Saudi Arabia and Kuwait, like other fields in the common area between Saudi Arabia and Kuwait.
Al-Barrak added, "We were surprised by the Iranian allegations and intentions regarding the Dorra field, which contradict the most basic rules of international relations."
He stressed that "the Kuwaiti and Saudi parties are in complete agreement as one negotiating party," calling on "Iran to first commit to demarcating the international maritime borders before it has any right in the Dorra field."
And according to what was quoted by the official Kuwaiti News Agency "KUNA", quoting an official source in the Ministry of Foreign Affairs, which it did not name, that the State of Kuwait renews its call to Iran to start negotiations on demarcating the maritime borders with Kuwait and Saudi Arabia as one negotiating party.
Here are the developments of the agreement between Kuwait and Saudi Arabia about the field and the Iranian position.
v Exploration began in Durra in 2001, which prompted Kuwait and Saudi Arabia to reach an agreement to demarcate their maritime borders and plan to develop joint oil reservoirs.
v Exploration began in Durra in 2001, which prompted Kuwait and Saudi Arabia to reach an agreement to demarcate their maritime borders and plan to develop joint oil reservoirs.
Although the gas field located between Saudi Arabia and Kuwait was discovered in the sixties of the last century in the waters of the Persian Gulf, the first agreements to benefit from its reserves were between Kuwait and Saudi Arabia in December of 2019, as the two parties signed a memorandum of understanding at that time that stipulated: Joint work on the development and exploitation of the Dorra field.
The first memorandum of understanding also provided for the facilitation of entry and exit to the land divided zone, to reach oil installations, fields and wells on both sides, following the meeting of the Kuwaiti-Saudi permanent joint committee.
At that time, Saudi Energy Minister Prince Abdulaziz bin Salman had revealed the establishment of a new gas project in the offshore Dorra field, and that work on its implementation would begin soon.
And he stressed, a day after signing an agreement with Kuwait, which ended a dispute over the neutral zone, also known as the divided one, which the two countries share, that Al-Durra is a gas field in the joint area that has not been utilized until now, pointing to the importance of speed in its completion, in addition to the need of the two parties for energy produced from gas in the field.
In March 2022, Kuwait signed a document with Saudi Arabia to develop the Dorra field.
But Iran said the document was "illegal" because Tehran participates in the field and must join any measure to operate and develop it.
The Iranian Foreign Ministry said at the time that "there are parts of it in the undefined waters between Iran and Kuwait."
Iran's oil minister, Javad Auchi, also said at the time that his country would "soon" start exploration in the Arash gas field (the Persian name for the Dorra field) in the Persian Gulf, in response to a Kuwaiti-Saudi deal to develop the joint gas field.
On March 28, 2022, Oji said that while Iran tends to negotiate and cooperate with Kuwait and Saudi Arabia to develop the gas field, "their unilateral measures will not prevent" Tehran from moving forward with its own plans, and Kuwait responded that the field is Saudi-Kuwaiti, not Iranian.
Two days before the Iranian minister's statement, Saudi Energy Minister Prince Abdulaziz bin Salman confirmed his country's agreement with Kuwait to discuss the crisis of the Dorra gas field located in the divided area with Iran, indicating their intention to develop it in order to benefit from its huge potential.
In April 2022, Saudi Arabia and Kuwait invited Iran to negotiate over the Dora field, as a statement by the Saudi and Kuwaiti foreign ministries said at the time that the two countries were renewing "in their capacity as one negotiating party" Iran's call to demarcate the eastern borders of the submerged divided area between the two Gulf countries. .
The statement added that Kuwait and Saudi Arabia "called in the past to the Islamic Republic of Iran to negotiate the demarcation of the eastern borders of the submerged divided region, but these calls were not met."
In May of the same year, Iran's ambassador to Kuwait, Muhammad Irani, told the Kuwaiti newspaper, Al-Rai, that his country had sent an official invitation to the Kuwaiti side concerned with the talks regarding the Durra field to sit down with the Islamic Republic of Iran "to resume negotiations between the two countries from where they left off in 2014."
Reasons for contention Exploration concessions overlap in the area
The Dorra field lies at the intersection of competing territorial claims by Kuwait, Iran and Saudi Arabia, in the shallow waters offshore in the northern Persian Gulf, TAQA reports.
The Dorra field lies at the intersection of competing territorial claims by Kuwait, Iran and Saudi Arabia, in the shallow waters offshore in the northern Persian Gulf, TAQA reports.
Iran and Kuwait have held talks for years to settle the dispute over the continental shelf area on the maritime borders between the two countries, but they did not produce any result.
The dispute between Iran and Kuwait dates back to the sixties of the last century, when Kuwait and Iran were granted overlapping maritime concessions due to the indefinite maritime borders. The two concessions overlap in the northern part of the Dorra field.
On the other hand, Kuwait and Saudi Arabia developed a neutral zone, known as the Divided Neutral Zone, covering the land and sea border area, so that all hydrocarbon fields are developed jointly between the national oil companies of the two countries.
In the mid-1960s, the gas field was discovered at a time when the maritime borders were not well defined, and gas was not considered a strategic asset at the time.
The field, which was discovered in 1960, contains large reserves of gas. The recoverable gas reserves from the Dorra field are estimated at about 200 billion cubic meters, in addition to more than 300 million barrels of oil.
The borders drawn by British politician Percy Cox in the year 1922, through the Uqair Treaty, adopted by the three countries, were not clear with regard to the treasures that are filled within, and this is what happened in the region divided between Saudi Arabia and Kuwait, which has two oil fields that can produce 500 thousand. barrels per day, in addition to the Dorra field, from which gas is expected to be produced during the coming period, according to the Al-Arabiya report.
In 2012, Al-Khafji Company, a joint venture between Aramco Gulf Operations and the Kuwait Gulf Oil Company, awarded the rights to development and production to the international oil company, Shell.
The efforts of Kuwait and Saudi Arabia to jointly benefit from the Dora field gained great momentum with the signing of a document between the two countries on March 21, 2022, to develop and exploit the gas-rich field to produce one billion standard cubic feet of natural gas per day and 84,000 barrels of condensate per day, to be shared by the two countries, which sparked Iran's anger.
The document stipulates that the Al-Khafji Joint Operations Company agree to choose a consultant who will conduct the engineering studies necessary to develop the field, according to the best methods, modern technologies and practices that take into account safety, health and environmental preservation, as well as developing the most efficient and effective engineering designs in terms of capital and operation.
It is noted that although the field is a joint property between Saudi Arabia and Kuwait, and that the two countries confirmed that they are one party in dealing with Iran in this file, Iran disputes Kuwait in the field more than Saudi Arabia. Because the region that Tehran claims to own is located on the Kuwaiti side, and therefore it is trying to extract part of Kuwait's share, not Riyadh's.
Views 26
Added 07/05/2023 - 11:55 AM
https://economy-news.net/content.php?id=35014
Yesterday at 5:28 pm by Rocky
» utube 5/16/24 MM&C Al-Sudani - Political Week - Progress Internationally
Yesterday at 7:59 am by Rocky
» Calls to include local oil and electricity sales in the general budget
Yesterday at 7:50 am by Rocky
» Al Rasheed Bank issues instructions to facilitate the issuance of replacement cards for bank card ho
Yesterday at 7:47 am by Rocky
» Internal debt rises to 79 trillion in 2024.. What is the relationship between spending and loans?
Yesterday at 7:44 am by Rocky
» More than one billion dollars in sales from the Central Bank of Iraq within a week
Yesterday at 7:42 am by Rocky
» Members of Parliament head to the Great Hall to initiate procedures for electing the president
Yesterday at 7:38 am by Rocky
» The House of Representatives concludes the report and discussion of the draft law on public holidays
Yesterday at 7:37 am by Rocky
» The House of Representatives votes to extend its legislative term for 30 days
Yesterday at 7:36 am by Rocky
» A Canadian company is “unable” to dismiss its director authorized to protect Baghdad Airport: Iraq i
Yesterday at 7:34 am by Rocky
» Economic Institution: The value of China's exports to Iraq increased by 93% in 10 years
Yesterday at 7:31 am by Rocky
» The Presidency of Parliament decided to devote today’s session to electing the president only
Yesterday at 7:29 am by Rocky
» In the presence of 183 deputies...the House of Representatives holds its session
Yesterday at 7:28 am by Rocky
» Al-Kadhimi hints at the possibility of postponing the session to elect the Speaker of Parliament
Yesterday at 5:09 am by Rocky
» The regional government announces the payment of employees' salaries via “My Account”
Yesterday at 5:07 am by Rocky
» The Minister of Transport reviews the details of the development road and Al-Faw Grand Port projects
Yesterday at 5:05 am by Rocky
» Istanbul will host expanded Turkish/Arab economic meetings at the beginning of next month
Yesterday at 5:03 am by Rocky
» Customs sets the date for collecting tax amounts electronically and sets a condition
Yesterday at 5:02 am by Rocky
» Sudanese agrees to support pilgrims with an amount of 39 billion dinars to reduce the cost of Hajj
Yesterday at 5:00 am by Rocky
» The Sudanese advisor clarifies the discussion of budget schedules in the extraordinary session of th
Yesterday at 4:59 am by Rocky
» Most of the framework and the Kurdistan Democratic Party will vote for Al-Mashhadani as Speaker of P
Yesterday at 4:55 am by Rocky
» A deputy considers the movement of Turkish forces inside Iraqi territory an occupation
Yesterday at 4:53 am by Rocky
» Directing the Ministry of Finance to spend drug law implementation budgets
Yesterday at 4:52 am by Rocky
» A parliamentary movement to resolve the fate of holding private wards
Yesterday at 4:51 am by Rocky
» A member of a legal movement calling for accelerating the amendment of Article 57
Yesterday at 4:49 am by Rocky
» A parliamentary effort to gain ownership of the trespassers and slum owners
Yesterday at 4:48 am by Rocky
» There is a consensus on deciding the presidency of Parliament today, and the balance is tilted towar
Yesterday at 4:47 am by Rocky
» The price of the dollar is witnessing a slight increase in Baghdad, Basra and Erbil
Yesterday at 4:46 am by Rocky
» Behind the scenes of electronic blackmail in Iraq... “A good hacker,” “blackmailing spouses,” and se
Yesterday at 4:44 am by Rocky
» The coordination framework supports Al-Sadr: We will pass the “Eid Al-Ghadir” holiday today
Yesterday at 4:42 am by Rocky
» The session to elect the Speaker of Parliament... intense meetings and fears of its failure due to “
Yesterday at 4:41 am by Rocky
» People with chronic diseases...a government statistic regarding the number of applicants for social
Yesterday at 4:39 am by Rocky
» The Sudanese advisor issues a clarification regarding the discussion of budget schedules in an extra
Yesterday at 4:38 am by Rocky
» Russia is at the top, and this is Iraq's rank... a list of countries that buy most real estate in Tü
Yesterday at 4:37 am by Rocky
» The opening of the first aviation, space and artificial intelligence institution in Baghdad
Yesterday at 4:33 am by Rocky
» Iraq digs 30 meters under the sea and completes the Al-Faw docks in 5 months...a fixed date with the
Yesterday at 4:32 am by Rocky
» Al-Allaq announces the success of the electronic transfer platform in combating money laundering
Yesterday at 4:31 am by Rocky
» Al-Saadawi directs the disbursement of 1.5 million dinars to each private transport employee who con
Yesterday at 4:29 am by Rocky
» Minister of Commerce from Silo Makhmour: The quantities of wheat marketed have reached two million t
Yesterday at 4:28 am by Rocky
» Hours after choosing Al-Halbousi's successor... Al-Mashhadani sends a message to the Iraqis
Yesterday at 4:27 am by Rocky
» How do we wash the “dirty Baghdad dollar”? A clearer picture of 1,000 Iraqi methods for money launde
Yesterday at 4:25 am by Rocky
» Transport is launching a new mechanism to pay bus tickets via phone soon
Yesterday at 4:24 am by Rocky
» Baghdad Summit 2025.. Iraq reunites its brothers around the table of dialogue and common interests
Yesterday at 4:23 am by Rocky
» Bangladesh is ahead of it... Iraq’s classification in the Arab world and internationally by the qual
Yesterday at 4:19 am by Rocky
» Today...the House of Representatives is scheduled for a “fateful” session
Yesterday at 4:17 am by Rocky
» The General Secretariat denies that the Fine platform was exposed to electronic hacking
Yesterday at 4:15 am by Rocky
» Transport reveals the completion rates in the Al-Faw Port and Development Road projects
Yesterday at 4:12 am by Rocky
» Mayor of the Capital: The Baghdad Metro project will be implemented this year by a solid investment
Fri 17 May 2024, 2:28 pm by Rocky
» A reading of the financial and monetary policies of the International Monetary Fund report - May 202
Fri 17 May 2024, 2:27 pm by Rocky
» Floating the Iraqi dinar A solution to fill the "gap" of its turbulent price against the dollar
Fri 17 May 2024, 9:22 am by wciappetta
» utube MM&C 5/14/24 Iraq Dinar - IQD Update - UN Chapter VII - $3 Billion Revenue - Trade Minister -
Fri 17 May 2024, 7:39 am by Rocky
» Iraq announces the payment of the last installment of the International Monetary Fund loan
Fri 17 May 2024, 6:48 am by Rocky
» The International Monetary Fund calls on Iraq to cancel the appointments and correct the course of n
Fri 17 May 2024, 6:46 am by Rocky
» For the first time after Iraq joined the Bank’s membership: The Minister of Finance participates in
Fri 17 May 2024, 6:43 am by Rocky
» A delegation from the Retirement Authority discusses with the World Bank reform of the retirement sy
Fri 17 May 2024, 6:41 am by Rocky
» Istanbul.. Iraq is discussing with the World Bank reform of the country’s retirement system
Fri 17 May 2024, 6:40 am by Rocky
» The President of the Republic stresses the importance of coordination between Iraq and Kuwait on reg
Fri 17 May 2024, 6:37 am by Rocky
» Among them are Russia and China... Members of the Security Council support ending the mission of the
Fri 17 May 2024, 6:36 am by Rocky
» The full statement of Iraq’s welcome of the Arab League’s decision to hold the Baghdad Summit in 202
Fri 17 May 2024, 6:35 am by Rocky
» Parliamentary expectations of electing a new Speaker of Parliament and extending the work of the Ele
Fri 17 May 2024, 6:32 am by Rocky
» Transparency website: Sulaymaniyah and Halabja imports amounted to about 11 billion dinars last week
Fri 17 May 2024, 6:31 am by Rocky
» The Hajj Authority begins disbursing dollars to pilgrims via the electronic platform
Fri 17 May 2024, 5:27 am by Rocky
» Oil announces the expansion of installing gas networks and proceeding with the import of plastic gas
Fri 17 May 2024, 5:24 am by Rocky
» Politician: Al-Mashhadani is closest to the presidency of the House of Representatives
Fri 17 May 2024, 5:23 am by Rocky
» Al-Ittihad: The delay in the localization of salaries has had a negative impact on the citizens of K
Fri 17 May 2024, 5:21 am by Rocky
» A new maneuver for the region regarding the salaries of its employees...these are its details
Fri 17 May 2024, 5:20 am by Rocky
» The Parliamentary Energy Committee determines its position on the new oil coupons
Fri 17 May 2024, 5:19 am by Rocky
» Washington: We are communicating with officials in Baghdad, Ankara, and Erbil to resume Kurdistan oi
Fri 17 May 2024, 5:16 am by Rocky
» In agreement with international companies, the first tourist flight was launched from Kirkuk Airport
Fri 17 May 2024, 5:15 am by Rocky
» Al-Allaq announces the success of the electronic transfer platform in combating money laundering
Fri 17 May 2024, 5:13 am by Rocky
» The Chinese dragon applies to Iraqi oil... Where is Iran in this equation?
Fri 17 May 2024, 5:12 am by Rocky
» Sudanese advisor announces full repayment of IMF loans
Fri 17 May 2024, 5:11 am by Rocky
» Al-Sudani reiterates: Iraq is heading towards expanding petrochemical projects
Fri 17 May 2024, 5:10 am by Rocky
» The Monetary Fund: “Internal stability has improved since the new government took office in October
Fri 17 May 2024, 5:09 am by Rocky
» Washington clarifies its position on stopping Kurdistan oil exports through Türkiye
Fri 17 May 2024, 5:08 am by Rocky
» The Minister of Labor directs to increase electronic payment (POS) devices
Fri 17 May 2024, 5:05 am by Rocky
» After the worsening crisis of “carrying vehicles” at the entrances to the governorates, the Minister
Fri 17 May 2024, 5:03 am by Rocky
» The Hajj Authority begins disbursing dollars to pilgrims via the electronic platform
Fri 17 May 2024, 5:02 am by Rocky
» Iraq reaches its “peak”... Parliamentary legal opinion opens the file of job laxity and confirms: it
Fri 17 May 2024, 5:01 am by Rocky
» The framework is awkward between Al-Mashhadani and Al-Issawi... and he sees his salvation in the “th
Fri 17 May 2024, 5:00 am by Rocky
» Al-Sudani directs the formation of a technical team to follow up on the procedures for implementing
Fri 17 May 2024, 4:58 am by Rocky
» Kurdistan outlets confirm their commitment to Baghdad’s controls, but: 70% of the outlets are “outsi
Fri 17 May 2024, 4:57 am by Rocky
» In numbers... budget tables paralyze investment allocations to governorates
Fri 17 May 2024, 4:55 am by Rocky
» The Minister of Transport reveals the completion rates of rail and land connectivity plans for the d
Fri 17 May 2024, 4:53 am by Rocky
» He confirmed that the memorandums of understanding signed with Washington are being implemented on t
Fri 17 May 2024, 4:52 am by Rocky
» The Minister of Planning and the World Bank discuss supporting Iraq's policies to reduce dependence
Fri 17 May 2024, 4:50 am by Rocky
» Bahaa Al-Araji: They killed Umm Fahd with foreign will, and Al-Mashhadani’s nomination targets Al-Su
Fri 17 May 2024, 4:49 am by Rocky
» American official: When I see the oil industry in Kurdistan, I think of Oklahoma
Fri 17 May 2024, 4:48 am by Rocky
» Mishaan Al-Jubouri’s leaks to the session: Al-Maliki needs Al-Mashhadani to restrain Al-Sudani and h
Fri 17 May 2024, 4:47 am by Rocky
» Safia Al-Suhail supervises the integrity judge’s signing of a memorandum of understanding with the S
Fri 17 May 2024, 4:46 am by Rocky
» Deputy: The budget is political, not technical, and we do not rule out obstructing it to resolve the
Fri 17 May 2024, 4:45 am by Rocky
» New American positions towards resuming the export of Kurdistan oil... and foreign companies set a c
Fri 17 May 2024, 4:42 am by Rocky
» With the ongoing controversy... Is Iraq responsible for smuggling weapons into Jordan?
Fri 17 May 2024, 4:40 am by Rocky
» Not only to elect the president.. Why is tomorrow’s parliament session exceptional?
Fri 17 May 2024, 4:38 am by Rocky
» Large spread of foreigners in optical markets
Fri 17 May 2024, 4:37 am by Rocky
» Labor takes measures to address the foreign worker file
Fri 17 May 2024, 4:35 am by Rocky
» Communications is looking with Amazon to create a data center to provide Internet content to Iraq
Fri 17 May 2024, 4:34 am by Rocky
» Al-Sudani reiterates Iraq's move towards expanding petrochemical projects
Fri 17 May 2024, 4:32 am by Rocky
» Plasschaert: We are witnessing a rising Iraq in the fields of service provision and reconstruction
Fri 17 May 2024, 4:31 am by Rocky