The meeting took place on Sunday evening in Saad Abad Place here on the sidelines of a three day official visit to Iran by Oman ruler Sultan Qaboos bin Said Al Said who arrived in Tehran at the head of a high ranking delegation early Sunday.

In connection to negotiations with Omani Minister of Oil and Gas, Zanganeh told IRNA  that the two sides reached good understandings on gas export to Oman and will pursue the next steps in the future, according to a report by presidential office website.

Iran and Oman have great potentials for boosting cooperation in oil industry including supplying gas to Oman’s LNG units which could be met mainly through sweet gas reserves of Kish gas field in the Persian Gulf.

 Iran sits atop the second largest gas reserves in the world and short distance between the two countries through Persian Gulf waters turns Iran into one of the best options for meeting the neighboring country’s gas needs.

In 2007, Oman demanded to import two billion cubic feet of natural gas from Iran. At that time, National Iranian Gas Exports Company (NIGEC), now defunct, held fruitful talks with Oman.

Oman is a non-OPEC oil producer.

Meanwhile Press TV reported that Iranian President Hassan Rouhani held talks with Oman’s Sultan Qaboos yesterday highlighting the important position of Oman in the region.

“The senior officials of both countries must try to further expand and deepen the bilateral relations,” the Iranian president said in a meeting with the visiting Omani Sultan Qaboos bin Said Al Said in Tehran on Sunday.

“Tehran-Muscat cooperation is very effective and important in order to restore peace and stability to the region and the Islamic Republic of Iran seeks to pursue this policy in cooperation with other regional countries,” Rouhani stated.

The Omani ruler, for his part, hailed amicable ties between Tehran and Muscat and called for bolstering trade and economic cooperation.

Sultan Qaboos expressed readiness to increase trade ties with Iran through the North-South Corridor which is currently being established by Iran, Turkmenistan, Uzbekistan and Afghanistan.

President Rouhani and Sultan Qaboos also discussed major regional and international issues.

The Omani ruler arrived in Tehran at the head of a high-ranking delegation on a three-day official visit on Sunday as the first head of state to visit Iran since Rouhani took office on August 4, 2013.