Iran-Oman gas export plan hits snag
Iran’s media said on Saturday that the country’s project to pipe natural gas to Oman has hit a snag despite earlier signs that proceedings to push ahead the project were moving smoothly.
“Negotiations over the export of gas to Oman are still underway in the Ministry of Petroleum (MoP),” said Hamid-Reza Araqi, the managing director of the National Iranian Gas Company (NIGC).
“There has yet been no progress in the negotiations as of yet”.
Araqi, whose company is in charge of Iran’s gas export projects, said operations to build a 260 kilometer subsea pipeline across the Persian Gulf for exporting gas to Oman have not started.
“Once the MoP negotiations are finalized, the contract to which the Oman pipeline work has been delegated will start the work”.
Based on a preliminary deal signed between Iran and Oman in 2013, the two sides agreed to start necessary operations to start the exports as soon as possible, reported Afkar News website.
The volume of exports which will be provided from Iran’s Kish gas field is 20 million cubic meters per day or 10 billion cubic meters per year.
Oman had earlier announced that it wants Iran’s gas to satisfy the needs of its domestic industries. It also said a part of the Iranian gas will turned into liquefied natural gas (LNG) for exports to other markets including Japan, South Korea and India.
Afkar News has indicated that a key point of dispute between Iran and Oman over the export scheme is currently the pricing formula.
AA/AA
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