finalizing gas export deal to oman underway
Last Updated : GMT 23:17:49
Arab Today, arab today
Arab Today, arab today

Finalizing gas export deal to Oman underway

Arab Today, arab today

Arab Today, arab today Finalizing gas export deal to Oman underway

Tehran - FNA

Preliminary studies are underway to finalize a gas contract with Oman, managing director of National Iranian Gas Company (NIGC) Hamid Reza Araqi said. In statements to Shana, Iraqi said NIGC was studying different aspects of the issue including economic assessment of the contract and a report on the possible routes. He stated implementation of gas contracts requires preliminary expertise studies which takes time. After several years, reaching agreement on gas price is a breakthrough, NIGC managing director said adding the two countries have many common grounds for boosting cooperation including feeding Oman’s LNG units with gas.   Iran’s minister of petroleum Bijan Namdar Zanganeh and his Omani counterpart signed a MoU last month to accelerate finalizing a gas contract between the two sides. Islamic Republic of Iran as the largest owner of gas reserves in the world is the most secure and most economic source of gas exports to the neighboring country. On a gas export project to Iraq, Iraqi said: to become operational, the project needs laying down 227 km of gas pipeline of which building a 97 km pipeline is underway. \"Under the terms of the contract, Iran will export 25 million cubic meters a day of gas to Iraq in the first phase which will yield 350 million dollars each month.\" He said gas export pipeline to Iraq will also diversify Iran’s gas transit routes to Europe. \"Iran-Iraq gas contract provides the opportunity to export gas to Europe not only through Turkey territory but via a second route which is Iraq and Syria,\" he said. Upon completion, the first phase of Iran-Iraq gas pipeline will meet 30 to 35 percent of Iraq’s gas needs and 65 to 70 percent of its electricity, NIGC’s top executive noted. By implementation of the second phase, Iran’s gas exports to Iraq will hit 75 to 80 mcm/d, implying Iran’s gas exports will hit 2.5 to 3 times more than its imports of the product, NIGC official said.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

finalizing gas export deal to oman underway finalizing gas export deal to oman underway

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

finalizing gas export deal to oman underway finalizing gas export deal to oman underway

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Banyan Tree Phuket Takes Festive Season

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Top Democrat faces investigation

GMT 09:50 2017 Friday ,17 November

Top Democrat faces investigation
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Angola oil boss sacked by father's protege

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Urban, young and active?

GMT 11:01 2017 Thursday ,16 November

Urban, young and active?
Arab Today, arab today Ayten Amer happy for “The Flood” success

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success
Arab Today, arab today Unloved vultures fight for their survival

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 08:21 2017 Tuesday ,14 November

Nelly Karim focuses on humanitarian roles

GMT 09:23 2017 Wednesday ,15 November

Years melt away as Bening & Bell play unlikely lovers

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 13:40 2017 Monday ,13 November

Pollution spikes in Delhi amid warnings

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 10:55 2017 Thursday ,16 November

UN warns fuel running out

GMT 01:04 2017 Wednesday ,15 November

In Morocco, a blue tourist town

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday