Iran’s oil minister, Mohammad Javad Owji reaffirmed Tehran’s commitment to its share in the Arash gas field in the Persian Gulf, vowing not to exceed the agreed-upon production levels.
Owji expressed optimism regarding the resolution of issues concerning the Arash field through ongoing negotiations with Kuwait.
He assured that Iran remains steadfast in claiming its rightful share in the gas field.
The offshore gas field, known as Dorra in Kuwait and Saudi Arabia, has long been a source of contention between the three countries. The field is located in the neutral zone between the three Persian Gulf states.
Additionally, the Iranian oil minister emphasized the country’s determination to export oil unhindered.
The minister reported that by the year’s end, nearly five petrochemical complexes would become operational in the country, significantly contributing to production.
He said: “These complexes are projected to generate revenues of 6 to 7 million dollars from product manufacturing.”
Reports emerged by Iranian daily Donya-e Eqtesad suggest that the Qatari Prime Minister and Minister…
The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu,…
As France, Germany, and the United Kingdom submit an anti-Iran draft resolution to the International…
During his visit to Sistan and Baluchestan province, Iranian President Masoud Pezeshkian delivered sharp criticism…
Israel has unleashed a series of air attacks on the Gaza Strip that killed nearly…
Foreign Ministry Spokesman Esmaeil Baghaei has censured as politically-motivated and unjustified the adoption of a…