Times of Oman | News :: Oman-Iran gas pipeline may be ready in 18 months, says envoy:
"A pipeline for carrying Iranian gas to Oman is expected to be ready within a year-and-a-half, Iranian Ambassador to the Sultanate, Ali Akbar Sibeveih, has told the Times of Oman.
"The agreement on the gas pipeline dates back to 10 years ago when negotiations over the pipeline started, but the two countries could not finalise it. The main reason was lack of agreement on the price of the gas that was supposed to be exported," Sibeveih said, when asked about a memorandum of understanding (MoU) recently signed between Iran and Oman, according to which the Sultanate will buy around $60 billion worth of natural gas from the Islamic Republic of Iran for 25 years.
The MoU, which includes an agreement for laying a gas pipeline to Oman, was signed during the visit of His Majesty Sultan Qaboos bin Said to Iran from August 25 and 27."
'via Blog this'
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