Omani delegation in Iran to finalise $60 billion gas plan

Deal would reportedly include 200km pipeline under the Arabian Gulf built at a cost of around $1 billion

PHOTO: Iran in 2013 struck an agreement to export gas to Oman over a period of 15 years. Credit: Shutterstock

An Omani delegation is in Iran to finalise procedures for the import of Iranian natural gas under a $60 billion deal sealed in 2013, the Islamic Republic News Agency (IRNA) reported.

The state news agency quoted Alireza Kameli, managing director of National Iranian Gas Exports Company (NIGEC), as saying an Iranian consultancy has been selected to study the feasibility of a gas pipeline linking the two countries.

The pipeline would cost about $1 billion to build, according to previous press reports, and include a 200km stretch under the Arabian Gulf, and another 200km onshore in Iran.

The two countries in 2013 signed an agreement under which Iran would export gas to Oman over a period of 15 years, in a deal worth a total of about $60 billion.


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