Kuwait, Saudi Arabia Reach Agreement on Maritime Border
Kuwait and Saudi Arabia reached an agreement Sunday outlining their maritime border in an area rich in oil and gas, reported The Associated Press.
The agreement opens the door for the two nations to settle a dispute over a gas field with Iran, said the agency.
Kuwait and Saudi Arabia began talks early last month to demarcate the maritime border after Iran started drilling for gas in the Dorra field, which lies in disputed waters shared by Saudi Arabia, Kuwait and Iran.
Iran halted drilling in the Dorra field to avoid tensions after Kuwaiti protests, said the agency.
Dorra's reserves are estimated at 13 trillion cubic feet. Kuwait has said the field, which lies 37 miles off the Kuwaiti coast, was discovered in 1967, but Kuwait opted not to exploit it before the ownership issue was settled, said the agency - Albawaba.com
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