Iran getting ready to start exporting gas to Oman

Oil&Gas Materials 19 November 2018 17:50 (UTC +04:00)

Tehran, Iran, Nov.19


Iran has been invited to Oman, to finalize the framework of documents on the gas export from the Islamic Republic to Oman, Managing Director of the National Iranian Gas Export Company (NIGEC) Mehran Amir-Moeini told ILNA regarding the last situation of Gas Export to Oman.

"Good consultations have been made with the Omani side in the past few months," he said.

“There are some disagreements about some items of the contracts, including legal issues and some local regulations of the two countries, if we conclude these disagreements in the upcoming sessions, the agreement will be signed by the two parties,” he said.

“Iran's gas export contract with Oman is a 15-year-old oil contract based on our first agreement, if we reach the final stage, we may conclude a contract for the long term,” said managing director of National Gas Export Company.

He went on to explain that gas exports to Oman will be carried out in two phases: in the first phase, 6 to 7 million cubic meters of gas going to the Oman by pipeline will be converted into LNG and returned to Iran; then we will do marketing and re-export it,” he added.

Amir-Moeini said that a foreign company has also stressed willingness to cooperate with the project, adding that its implementation needs from $600 million to $800 million.

Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant. The project involves piping gas from southern Iran to the Persian Gulf sultanate and liquefying it into LNG for shipments to international markets.