8 February 2017 - 12:13
  • News ID: 275624
Iran, Oman Gas Pipeline Project Operational by 2020: Official

TEHRAN, Feb. 08 (Shana) -- An Iranian gas official says Iran will mostly likely be exporting natural gas to Oman by 2020.

Ali Amirani, director of the Gas Export Department of the National Iranian Gas Company (NIGC), said on Tuesday that talks are going on between the two countries regarding the gas pipeline project for exporting gas to Oman but representatives from France’s Total, Royal/Dutch Shell, South Korea’s Korea Gas Corporation (KOGAS), Germany’s Uniper and Japan’s Mitsui have offered proposals for completion of the project. 

Speaking following a meeting between Iranian Minister of Petroleum Bijan Zangeneh and his Omani counterpart Mohammed bin Hamad Al Rumhy in Tehran, Amirani said the project is expected to come on-stream by 2020. 

Based on an agreement signed in 2013, Iran will export 28 million cubic meters of gas to Oman per day for a period of 15 years through a pipeline that will go to the sultanate through the Persian Gulf.

Almost a third of the gas exported by Iran to Oman will be turned into liquefied natural gas (LNG) in the sultanate’s Qalhat plant, and the rest will be consumed domestically.

Iran will accordingly use the LNG produced at Qalhat plant for exports to European and Asian markets.

In October, experts from Iran and Oman held talks with representatives of Shell, Total and Kogas in assessment of the gas project.

News ID 275624

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