19 Nov 2024
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Energy
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Monday 13 May 2024 - 18:00
Story Code : 421497
Source : ILNA

Kuwait and Saudi Arabia will not develop Arash oil field unilaterally: Official

The Iran Project : Sadegh Jokar, the head of Iran's Institute of International Energy Studies, has said that the claims of Kuwait and Saudi Arabia about the Arash oil field are not substantiated.
Kuwait and Saudi Arabia will not develop Arash oil field unilaterally: Official
Kuwait and Saudi Arabia will not develop Arash oil field unilaterally: Official
According to The Iran Project, In the past, we had agreements on the border issue with Saudi Arabia and Kuwait. If the delimitation does not happen, it is mostly unlikely that countries like Kuwait and Saudi Arabia will be able to develop the field unilaterally," Jokar said in an exclusive interview with ILNA.

"Probably, we should agree to develop the oil field collectively," he added.

"It is definitely not possible that Saudi Arabia and Kuwait can independently develop the oil field and we remain silent, the geopolitical trends of the region do not show this either," he concluded.
Reporter : Editorial of The Iran Project
https://theiranproject.com/vdcgyq9tuak9xt4.5jra.html
# Tags
Arash oil field Iran-Kuwait ties Iran-Saudi Arabia ties Iran's oil industry projects
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