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Oman, Iran sign gas pact  Join our daily free Newsletter

MENAFN - 16/03/2014
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(MENAFN) #Oman and #Iran have signed a memorandum of understanding (MoU) for importing natural gas for 25 years at a value of USD60 billion, Times of #Oman reported



Oman has been trying for years to import gas from Iran, but detailed terms and an agreement for the import of gas and f the pipeline was only signed last week




The imported gas will be delivered through a 260-kilometer pipeline connected to the Sohar port in Oman



The pipeline, to be completed within three years, will cost USD1 billion and will be entirely paid by the Sultanate

 
 


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