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March 19th, 2012 
FAKE NEWS for the Zionist agenda Mahmoud Zirakchian-Zadeh told the Iranian Oil Ministry’s official website, Shana, on Sunday that the Islamic Republic was eager to cooperate with Kuwait on the expansion of the oilfield.
He also noted that increasing the output from joint oilfields was one of the priorities of the NIOOC, saying that oil extraction in the oilfields had risen by 10 percent in 2011.
The massive Arash field’s reserves are believed to contain around 20 trillion cubic feet (tcf) of natural gas.
The field is shared by Iran, Kuwait, and Saudi Arabia where it is known as ‘Dorra’ and is a contested area between Tehran and Kuwait.
Kuwait claims it owns more than 50 percent of the field, while Iran believes that the two countries have equal shares.
Zirakchian-Zadeh added that Iran had officially offered the positive diplomacy of cooperation instead of unitization to the Kuwaiti side.
AS/HN
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