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Dear friends! For more than three years I've been telling you about the main news, events, trends in the world oil and gas market. I do it for free and without advertising. Therefore I ask you for help. Wognews needs development. You are more than 20 000 people from more than 80 countries. If each donate a small amount of money, $10, $20, $30 or more, wognews will become better. Thank you, Vladimir Vinogradov, the founder of wognews.
2016-06-14 18:05:00

IRAN - OMAN GAS PIPELINE

IRAN - OMAN GAS PIPELINE

 

IRAN OMAN GAS PIPELINE MAP

 

SHANA published, Seven foreign companies have declared interest to join Iranian companies in construction of Iran-Oman undersea gas pipeline, Managing Director of National Iranian Gas Exports Company (NIGEC) Alireza Kameli said.

Speaking to Shana, Kameli added that immediately after end of studying phase and signing the contract, the Iran-Oman gas pipeline will be constructed in two years.

He noted that Iran can not enter serious negotiation with the foreign companies till release of surveying and geodesy results.

By implementation of this gas export pipeline, current capacity of 1 billion cubic feet of Iran gas export to Oman will increase to 1.5 billion cubic feet, Kameli added.

He said National Iranian Gas Company (NIGC) and Iranian Offshore Engineering and Construction Company (IOEC) as well as the Omani company responsible for the project have already held several trilateral talks.

Kameli called the negotiations between Iranian and Omani side positive, adding that surveying and geodesy of Iran part of the pipeline has been done and for the Omani part, it is underway.

He expressed hope that the final results of surveying and geodesy will be concluded in the next three months ahead of us.

Top Iranian and Omani officials including the petroleum ministers of the two states have underlined the importance of execution of Iran-Oman undersea pipeline, the official added.

He said that all preparations needed for execution of the project including the formation of joint venture is underway.

The 400-kilometer pipeline, stretching from Iran to Oman is defined in two onshore and offshore sections. Land part of the gas pipeline extends for 200 kilometers from Rudan to Mobarak Mount in southern Hormozgan province. The seabed section between Iran and Sohar Port in Oman will stretch for another 200 kilometers.

According to reports, the construction of the subsea pipeline is estimated to cost $1.5 billion.

Iran and Oman have signed basic agreements based on which Iran will export a daily amount of 28 million cubic meters (mcm) of gas to Oman. Almost a third of the gas will be used in spare liquefaction facilities of Oman's Qalhat plant and the rest will be consumed in the Persian Gulf sultanate's domestic market. Iran will accordingly use the LNG produced for exports to European and Asian markets.

-----

Earlier: 

IRAN - PAKISTAN GAS PIPELINE 

IRANIAN - INDIAN COOPERATION 

PETROPARS & SHELL INVESTMENTS 

DOUBLE IRANIAN LPG 

IRANIAN GAS UP BY 15%

 

 

 

 

Tags: IRAN, OMAN, GAS, PIPELINE
IRAN - OMAN GAS PIPELINE September, 20, 09:05:00

OIL PRICE: ABOVE $55 YET

IRAN - OMAN GAS PIPELINE September, 20, 09:00:00

GAS PRICES UP TO $3.146

IRAN - OMAN GAS PIPELINE September, 20, 08:55:00

ЦЕНА URALS: $51,81591

IRAN - OMAN GAS PIPELINE September, 20, 08:50:00

U.S. OIL + 79 TBD, GAS + 788 MCFD

IRAN - OMAN GAS PIPELINE September, 20, 08:45:00

RENEWABLE'S FUTURE

IRAN - OMAN GAS PIPELINE September, 20, 08:40:00

TOTAL BUYS RENEWABLE

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Chronicle:

IRAN - OMAN GAS PIPELINE
September, 20, 08:35:00

BP - AZERBAIJAN OIL DEAL

BP and its partners in Azerbaijan's giant ACG oil production complex agreed Thursday to extend the production sharing contract by 25 years to 2049 and to increase the stake of state-owned SOCAR, reducing the size of their own shares.

IRAN - OMAN GAS PIPELINE
September, 20, 08:30:00

U.S. DEFICIT UP TO $123.1 BLN

The U.S. current-account deficit increased to $123.1 billion (preliminary) in the second quarter of 2017 from $113.5 billion (revised) in the first quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit increased to 2.6 percent of current-dollar gross domestic product (GDP) from 2.4 percent in the first quarter.

IRAN - OMAN GAS PIPELINE
September, 18, 12:35:00

OIL PRICE: ABOVE $55

U.S. West Texas Intermediate (WTI) crude futures CLc1 were trading up 41 cents, or 0.8 percent, at $50.30 by 0852 GMT, near the three-month high of $50.50 it reached last Thursday. Brent crude futures LCOc1, the benchmark for oil prices outside the United States, were at $55.91 a barrel, up 29 cents, and also not far from the near five-month high of $55.99 touched on Thursday.

IRAN - OMAN GAS PIPELINE
September, 18, 12:30:00

RUSSIA - CHINA - VENEZUELA OIL

“The principal risk regarding Russian and Chinese activities in Venezuela in the near term is that they will exploit the unfolding crisis, including the effect of US sanctions, to deepen their control over Venezuela’s resources, and their [financial] leverage over the country as an anti-US political and military partner,” observed R. Evan Ellis, a senior associate in the Center for Strategic and International Studies’ Americas Program.

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