Iran, Kuwait keen to develop Arash gas field

Jun 06, 2014 12:00 AM

Iranian and Kuwaiti energy officials in a meeting in Tehran voiced their willingness to work on the development of Arash gas field in the Persian Gulf waters.

The meeting took place on the sidelines of a recent visit by Kuwaiti Emir Sheikh Sahah Al-Ahmad Al-Jaber Al-Sabah to Iran.

Arash gas field, which is also known as Al-Doreh gas field by Arab countries is jointly owned by Iran, Saudi Arabia and Kuwait.

Sheikh Sabah arrived in Tehran last week to discuss the latest regional and international developments and explore new avenue for consolidating Iran-Kuwait all-out ties in meetings with senior Iranian officials.

It was the first Tehran visit by Sheikh Sabah Al Ahmad as Emir of Kuwait.

Sheikh Sabah Al-Ahmad, who came to power on January 29, 2006, has been officially invited to Tehran by President Rouhani.

Iran and Kuwait have sought to expand bilateral ties through exchanging several high-ranking delegations in the last few years.

On Sunday, the two countries signed six Memoranda of Understanding (MoUs) in different fields to pave the ground for the further expansion of their friendly relations and cooperation.

Iran and Kuwait also agreed to invest jointly in construction of a large steel mill in Iran's soil.

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