Minister: Iran and Oman sign gas exports memorandum

Iran Materials 27 August 2013 13:37 (UTC +04:00)

Azerbaijan, Baku, Aug.27/ Trend F.Karimov/

Iran and Oman have signed a memorandum today to export Iranian gas to Oman, the Mehr News Agency reported.

Iranian Oil Minister Bijan Namdar Zanganeh signed the memorandum with his Omani counterpart Mohammed bin Hamad Al Rumhy in Tehran.

The two sides agreed to expedite the gas export process and establish a seabed gas pipeline in the Persian Gulf.

The two countries signed a deal in 2009 to jointly develop an underwater 200-kilometre gas pipeline to Musandam and Sohar in Oman.

In 2011, a National Iranian Gas Export Company (NIGEC) official said that Iran had reached agreements with India and Oman on exporting gas to the two countries.

One possible way to transfer Iranian gas to India is via Oman through subsea pipelines, the official said.

Based on a trilateral agreement among Iran, Oman and a third country, Iran's gas will feed Oman's liquefaction plant before being processed into various products in the third country.