Oman Minister to Discuss Energy Cooperation
Oman Minister to Discuss Energy Cooperation

Oman Minister to Discuss Energy Cooperation

Oman Minister to Discuss Energy Cooperation

Iran and Oman are poised to start a fresh round of talks on energy cooperation during Omani Oil Minister Mohammed bin Hamad al-Rumhi's visit to Tehran on Tuesday. A proposed joint sub-sea gas pipeline project expected to be the focus of talks.
The Dutch company Intecsea, a leading deepwater engineering company, has expressed interest in the construction of the planned underwater pipeline for supplying Iran’s natural gas to Oman.
Intecsea will offer Iran special engineering and technical services and studies for the pipeline, according to Mohammad Akbarzadeh, the director of Iran-Oman subsea pipeline feasibility studies, Mehr News Agency reported.
The multi-billion-dollar proposed pipeline will stretch over 400 kilometers. The overland part will cover 200 kilometers from Rudan County to the small town of Kuhmobarak both in southern Hormozgan Province. The seabed section between Iran and Sohar Port in the neighboring sultanate will be 200 kilometers. Reportedly, Iran will be able to use Oman's Qalhat Liquefied Natural Gas plant, which has the capacity to liquefy 10.4 million tons of LNG per annum.
Officials from the National Iranian Gas Company and Oman’s Ministry of Oil and Gas are discussing the prospects to include the Royal Dutch Shell, French energy giant Total and Korea Gas Corporation (KOGAS) in the planned subsea pipeline.
"Iran and Oman have friendly relations … We are interested in receiving gas from Iran and are on board with all the details of the project," Oman's veteran Foreign Minister Yusuf bin Alawi bin Abdullah said last year in a meeting with Oil Minister Bijan Namdar Zanganeh.
The two neighbors hope the pipeline can be commissioned two years after construction work begins. However, there are concerns that volatility in the oil/gas market in the past two years could undermine the planned project.

Short URL : https://goo.gl/UTKXqE
  1. https://goo.gl/fes8Xo
  • https://goo.gl/Tcrh8R
  • https://goo.gl/kM6yzl
  • https://goo.gl/xJP1SS
  • https://goo.gl/lYf7HE

You can also read ...

China on Pace for Record Solar Power Installations
China, the world’s biggest carbon emitter, is poised to...
Algiers, Tehran in Talks to Expand Energy Ties
Tehran is ready and willing to play a role in Algiers' joint...
Major repairs at Nouri plant are scheduled to start next month.
Nouri Petrochemical Company, one of Iran's top petrochemical...
IPO to Auction 41 Filling Stations in 14 Provinces
Iran Privatization Organization is scheduled to auction 41...
Zanganeh Says Most OPEC Members Back Extending Output Cuts
Oil Minister Bijan Namdar Zanganeh said on Monday that a...
Heavy oil from Iraq, Canada and Brazil are already replacing Venezuelan barrels.
As Venezuela’s dilapidated energy sector struggles to pump...
Crude Prices Lose Steam
Oil eased on Monday, as traders were reluctant to take on big...
India's Import of US Coal  Quadruples
India’s coal imports from North America quadrupled to 2.1...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.