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Iran: Construction of gas pipeline from Iran to Oman to be reviewed

Iran: Construction of gas pipeline from Iran to Oman to be reviewed

zawya
20 November 2004

TEHRAN (MNA) — Iran’s Petropars Co. along with the Dubai-based Middle
East Liquefied Natural Gas (LNG)Co. have called for the engineering
companies to perform their preliminary feasibility studies designed
to construct a natural gas pipeline from Iran to Oman, Middle East
Economy Survey reported.

The project is to within a period of 20 years carry 9000 billion
cubic feet of Iran’s gas to Oman, the report added.

According to the report, Petropars and the Middle East LNG companies
have invited the British Foster Wheeler Engineering Company, Acre
Warner of Oslo as well as the Japanese Toyo Co. to express their
views on pertinent issues such as the costs and tariffs of the project.

Also, the construction of a pipeline as an offshoot of the
Iran-Pakistan gas pipeline from Assaluyeh in Bandar Abbas which has
the upstream processing potentials has been envisaged in the project,
the report noted.

The pipeline will transfer the Iranian gas to the United Arab Emirates
(UAE) and from there to a receptor terminal in Oman, the economic
publication also stated.

The report in addition asserted that, the Islamic Republic is
negotiating with other partners on some other pipeline projects aimed
at exporting Iran’s abundant gas reserves.

Export of Iranian gas to Turkey, Dubai, Armenia, India and Pakistan are
included in the projects underway by Iran. However, the negotiation on
reaching an agreement on the price of the gas is said to be the most
important issue currently facing the export of Iranian gas to Turkey.

Tehran Times Economic Desk

© Tehran Times 2004

Article originally published by Tehran Times 20-Nov-04

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