RIYADH: Saudi Arabia and Kuwait on Wednesday reaffirmed that ownership of the natural resources in the divided submerged area in the Arabian Gulf, including the entire Al-Durra field, is joint ownership between the two countries.
The Kingdom’s Ministry of Foreign Affairs announced that Saudi Arabia and Kuwait “exclusively have full sovereign rights to exploit the wealth in that area.”
The two countries also renewed “their previous and repeated calls” to Iran to negotiate the eastern border of the submerged area divided between Saudi Arabia and Kuwait as one negotiating party, and the Iranians as another party, in accordance with the provisions of international law and the principles of good neighborliness, the ministry added in a statement.
The Al-Durra gas field is an offshore natural gas field located in the neutral zone between the Kingdom, Kuwait and Iran and the two Gulf nations reject Tehran’s claims over the area and its threat that it was prepared to commence drilling in Al-Durra to “explore and exploit” the oil field.
