He said the pipeline project to carry Iran’s gas to Oman is under study in its sea section, and added, “It was decided that Iran will use the unused capacity of Oman’s LNG facilities to market and sell exported gas and pay the conversion fees.”
"The visit which lasted few hours was made upon the invitation of the Omani minister of oil and gas, Mohammed bin Hamad Al Rumhi. Gas export, using vacant LNG capacity, and oil market were the main issues discussed during the meeting."
"The value of the contract depends on the oil price. Nevertheless, with the current oil prices, the value of exporting 10 billion cubic meters a year will be around 1.5 to 2 billion dollars annually," Zangeneh added.
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