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Kuwait to Drill Durra Gas Field Without Border Demarcation

NATURAL GAS

The Kuwaiti Oil Minister said July 27 that that the country will begin drilling and production at the Durra gas field without waiting for border demarcation with Iran.

  • Iran claims that parts of the gas field are located in areas between Iran and Kuwait whose water boundaries have not been defined, and therefore believes it has right to also exploit it.
  • Saudi Arabia and Kuwait signed an agreement to develop the field in March 2022, a deal to develop the field Iran blasted as “illegal”.
  • Kuwait’s oil Minister has previously said that Kuwait and Saudi Arabia have “exclusive rights” to the Durra gas field, calling on Iran to validate its claim to the field by first demarcating its own maritime borders.
  • The field is expected to produce 1 Bcf/day of gas and 84,000 b/day of condensates.
Energy BulletsCommodities
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