Iran News in Brief – July 28, 2023
THIS PAGE WILL BE UPDATED WITH THE LATEST NEWS UPDATE: 3:00 PM CET Rubio, Padilla Introduce Bill To Impose Economic Sanctions On Iranian Regime Under the
Source: ncr-iran.org
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The Dorra Field: Global gas market impact or bellwether for regional relations?
The Dorra Gas Field, located in shallow waters offshore in the northern Arabian Gulf, lies at the junction of competing territorial claims by Kuwait, Iran, and Saudi Arabia. With the growing gas demand in these countries, any production will be absorbed into the domestic network and the impact of production on the global gas and LNG market will be insignificant. However, the development of the field, if it occurs, may serve as a bellwether for regional relations.
Source: mei.edu