Mehran Amir-Moeini said his company is working on the mechanism for
implementing Iran's gas export project to Oman in the form of EPCF (engineering,
procurement, construction, financing), or BOT (building, operation, transfer)
to make final decisions about it.
"In both methods, the project financing will be awarded to the winning
bidder, with the difference that in the first method, the project risk will be
shouldered by the employer while in the second method, the contractor will have
to bear the project's risks," he said.
The project is aimed at exporting 43 million cubic meters of gas from Iran
to Oman via a sea pipeline for a period of at least 15 years.
Through the project, Iran aims to access LNG markets, as well as the
regional gas markets or even India, he added.
As the official said, the project will be carried out in different phases,
namely, onshore, offshore and gas pressure and measuring stations in Iran as
well as gas receiving facilities in Oman.
In the land section of the project, 200 km of 56-inch pipeline will be
constructed in Iran.
The sea section of the project will include a 192 km seabed 36-inch pipeline
which will cross deep sea waters of Oman Sea to the maximum depth of 1,340
The NIGEC chief further said that a part of the pipeline's gas export capacity
will be used for produced LNG in Oman.