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BIDS SOUGHT FOR IRAN JV PROJECT

Oman plans to build undersea gas pipeline project

MUSCAT, April 21, 2018

Oman is planning to invite bids next month for the construction of an undersea natural gas pipeline between Sohar and its neighbour Iran, said a report citing the sultanate’s oil minister.
 
Mohammed bin Hamad Al Rumhi told Thomson Reuters Projects that work related to seabed surveys, design of the pipeline and its accessories and the compressor stations has been completed.
 
Iran media had last week reported that Tehran was expected to reach a final agreement with its southern neighbor on the offshore pipeline project.
 
The project will supply Iranian gas to the littoral state by the end of June, reported IRNA citing Oil Minister Bijan Namdar Zanganeh.
 
“The deal will be finalised in two stages: The first of which is planned to be concluded by the end of May and the second part is going to be signed by the end of June,” Zanganeh was quoted as saying by IRNA.
 
Zanganeh paid a visit to the sultanate on Thursday to pursue talks with his Omani counterpart Mohammad bin Hamad al-Rumhi in Muscat.
 
Rumhi said eight consortiums from across the globe have already expressed interest in involvement with the project.
 



Tags: Oman | Iran |

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