Arab Today, arab today oman in talks to buy 60 bn worth of iran gas
Last Updated : GMT 14:44:35
Arab Today, arab today
Arab Today, arab today

MOU follows visit by Oman’s sultan to Tehran

Oman in talks to buy $60 bn worth of Iran gas

Arab Today, arab today

Arab Today, arab today Oman in talks to buy $60 bn worth of Iran gas

A file picture of phase 5 of South Pars gas field development in southern Iran
London - Arab Today

A file picture of phase 5 of South Pars gas field development in southern Iran The Gulf sultanate of Oman is in talks to buy Iranian gas in a 25-year deal worth around $60 billion, Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday.
Zanganeh said Iran and Oman had \"signed a memorandum of understanding for the construction of a gas pipeline\" under the Sea of Oman, on the east of the strategic Strait of Hormuz, the official IRNA news agency reported.
The construction would \"soon\" commence once \"research on different routes\" is completed, he said while hailing the agreement as \"the largest economic deal\" between Iran and Oman, which enjoys good ties with Tehran unlike other Gulf countries.
Iran is subject to various US and European sanctions on its energy sector, as well as on its access to the global banking system, over its disputed nuclear programme.
Western countries and Israel accuse Iran of seeking the capacity to build nuclear weapons, which Tehran vehemently denies.
Zanganeh said the estimated value of the contract was around $60 billion, based on current gas prices.
His remarks came after talks with Omani officials during a visit by Oman\'s Sultan Qaboos, who left Tehran on Tuesday.
During his previous tenure as Iran\'s oil minister under reformist ex-president Mohammad Khatami, Zanganeh signed a 25-year deal with the UAE\'s Crescent Petroleum in 2001 for the export of gas from one of Iran\'s many off-shore fields.
Nothing was ever exported, however, over disagreements over the price of gas.
Source: AFP

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*

Arab Today, arab today oman in talks to buy 60 bn worth of iran gas Arab Today, arab today oman in talks to buy 60 bn worth of iran gas

 



Arab Today, arab today

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*

Arab Today, arab today oman in talks to buy 60 bn worth of iran gas Arab Today, arab today oman in talks to buy 60 bn worth of iran gas

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
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