Monday 1 September 2014

Iran gas deal with Oman to be activated ‘soon’ | GulfNews.com

Iran gas deal with Oman to be activated ‘soon’ | GulfNews.com:



"Iran will begin supplying Oman with 20 million cubic metres of natural gas “soon”, Iranian Oil Minister Bijan Namdar Zanganeh has announced.



The deal stems from negotiations carried out in August last year when Zanganeh and his Omani counterpart signed a memorandum of understanding. However, the first delivery would still appear to be some years away since no pipeline exists between the countries as of yet. The deal will also see the construction of a 260km gas pipeline between the two countries.



“Gas negotiations with Oman are over and as both sides have agreed, Iran will export 20 million cubic metres of gas per day to Oman in the near future,” Zanganeh said on Saturday, according to Iran’s Fars news agency."



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