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Tuesday, 7 February 2017

Iran, Oman reaffirm gas export project, change pipeline route to avoid UAE | Reuters

Iran, Oman reaffirm gas export project, change pipeline route to avoid UAE | Reuters:

"Oman and Iran have agreed to change the route of a planned undersea gas export pipeline, to avoid waters controlled by the United Arab Emirates, Iran's oil minister said on Tuesday after meeting his Omani counterpart in Tehran.

The planned pipeline would connect Iran's vast gas reserves with Omani consumers as well as with liquefied natural gas (LNG) plants in Oman that could re-export the gas.

In 2013 the two countries signed an agreement to supply gas to Oman through the new pipeline in a deal valued at $60 billion over 25 years."



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