PNZ gas project sparks Tehran’s ire
Kuwait and Saudi Arabia’s domestic scarcity has driven the formal revival of longstanding plans to tap the shared Dorra field
Iran has lodged immediate objections to Mideast Gulf neighbours Saudi Arabia and Kuwait’s late March revival of a landmark project to develop the Dorra non-associated offshore gas field in the Partitioned Neutral Zone (PNZ)—an area of shared acreage along their common borders. Tehran claims partial sovereignty over the field. With both partners increasingly short of gas and flush with oil revenues, the timing appears propitious for realising plans for the untapped resource, first unearthed some 80 years ago, that date back two decades. The foundations of the latest pact were laid in December 2019, when Kuwait and Saudi Arabia patched up a sovereignty dispute that had forced the closure of th
Also in this section
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition