Arash field claim questioned

An Iranian government official has discounted Saudi Arabia’s claim to a share of the offshore Arash gas field that straddles Iranian and Kuwaiti waters.

Jul 15th, 2014

Offshore staff

TEHRAN, Iran -- An Iranian government official has discounted Saudi Arabia’s claim to a share of the offshore Arash gas field that straddles Iranian and Kuwaiti waters.

“It is highly doubtful that Saudi Arabia might have a share in this joint gas field,” Ali Majedi, deputy petroleum minister for international affairs and trading, told news service Shana.

A Japanese company discovered Arash in the Persian Gulf in 1962. It contains an estimated13 tcf of gas.

Iran and Kuwaitstarted talks in 2000 to settle an ownership dispute.

7/15/2014

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