The gas field is located in a neutral maritime zone between Iran, Kuwait, and Saudi Arabia.
Speaking to reporters on the sidelines of the 17th IranPlast International Exhibition, Javad Owji expressed hope that issues related to the field will be settled through negotiation with Kuwait.
Earlier, the minister had said that Iran will pursue its rights and interests, including the exploitation and exploration of the Arash field, and will not tolerate any breach of its rights.
He pointed out that the Islamic Republic always supports the friendly settlement of border and maritime issues with neighboring states, Shana reported.
“Regarding the exploitation of shared oil and gas fields, we have always sought to hold negotiations and reach an understanding with neighbors, and Iran also seeks the integrated and joint exploitation of the Arash field," Owji underlined.
He, however, reiterated, “If there is no willingness [on behalf of other sides] to reach an understanding and cooperate, Iran will safeguard its rights and interests and also will put the exploitation and exploration of the aforementioned resources on the agenda."
Iran will not tolerate any violation of its rights on the gas field, the oil minister added.