Baku, Azerbaijan, Apr. 2
By Emil Ilgar - Trend:
The Iranian Offshore Engineering and Construction Company (IOEC) has studied and proposed four potential seabed routes for laying pipes with an aim to transit Iran's gas to Oman, Fars news agency reported on April 2.
All of the proposed underwater routes have about 176 kilometers length with 290 meters depth, according to the report.
Iran signed an MOU with Oman in 2013 to export 10 billion cubic meters per year of natural gas for 15 years.
Fars news agency's report also quoted an unnamed Iranian official as saying that a South Korean company has willingness to construct a pipeline between Iran and Oman.
The 400-kilometer pipeline stretching from Iran to Oman is to have onshore and offshore sections. The offshore route is estimated to cost about $1.5 billion.
The study on the land section was assigned to Pars Consulting Engineers (PCE).
Fars reported that the pipeline's construction is estimated to be completed by 2017.