Deputy Director General of the Kuwait Oil Company, Shaima Al-Ghunaim, confirmed that the Dorra Gas Field is expected to be fully operational by 2029.
Iran criticized an agreement to develop the field signed by Kuwait and Saudi Arabia last year, and Tehran says it has a stake in it. There are about 20 trillion cubic feet of proven reserves in Durra.
Shaima Al-Ghunaim stated at the Baker Institute’s Center for Energy Studies on Wednesday that Kuwait is committed to OPEC+ directives and will not produce above its quota.
Kuwait is expanding its production capacity, and it is expected to be able to produce three million barrels per day by 2025, up from 2.8 million currently. Shaima Al-Ghunaim said that Kuwait intends to have sufficient reserves to ensure adequate supplies if the need arises.
The Dorra gas field is a joint gas field in the submerged area between the Kingdom of Saudi Arabia and Kuwait, and Iran was competing to obtain part of it, due to its border location.
The field is considered a potential storehouse for gas production, but its location, which is located in a border area, has disrupted its production since the date of its exploration in the 1960s. On March 21, 2022, Kuwait and Saudi Arabia signed an agreement to develop the field with a capacity of up to one billion cubic feet and 84 thousand barrels of condensate per day.
Kuwait has reiterated more than once that the resources located in the Dorra field are shared equally between Kuwait and Saudi Arabia.
