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

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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

    --Boundary_(ID_eWSkkmhLo4kRnHuAGDUYDQ)--
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