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Iran agrees on gas export limit with Oman

3 Sep 2014 - 14:50


Iran has agreed to export 20 million cubic metres per day (mcm/d) of gas to Oman, Iran’s oil minister was quoted as saying by the semi-official Fars news agency, indicating the two sides had agreed on terms after years of talks.
Energy-hungry Oman first agreed to buy gas from Iran as long ago as 2005, but price disagreements and Western sanctions that have stunted Iranian energy projects prevented any real progress.

Also Oman has been pressured by the United States to buy fuel from alternative suppliers such as Qatar, according to US embassy cables released by Wikileaks.

“Gas negotiations with Oman are over, and as both sides have agreed, Iran will export 20 million cubic metres per day (mcm/d) of gas to Oman in the near future,” Iranian Oil Minister Bijan Zanganeh said.

By Khaleej Times

 

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Story Code: 114741

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