Iran and Oman sign agreements on oil fields and gas pipelines

Iran and Oman sign agreements on oil fields and gas pipelines

Iran and Oman signed different agreements for the development of two pipelines and an oil field on the maritime border between the two countries, Oman’s energy minister said on Saturday, two weeks after the Iranian president’s visit to the sultanate.

Iranian President Ebrahim Raisi’s visit to Oman on May 23 came at a time when talks to resume agreement on Iran’s nuclear program are deadlocked.

The news agency Oman News Agency, collecting the words of the Energy Minister Mohammed al-rummhi, explained that the agreements were “related to the development of two gas pipelines connecting both countries, and an oil field in Hengam”, located on the maritime border between the two nations.

One of the two pipelines, planned for more than twenty years, will supply 28 million cubic meters of Iranian gas to Omanfor 15 years.

The sultanate of Oman maintains close ties both politically and economically with Iran, and played a mediating role with Washington in crafting the deal on Iran’s nuclear program in 2015.

The pact reached between Iran, on the one hand, and the United States, Russia, China, France, the United Kingdom and Germany, on the other, has been dying since Washington decided to unilaterally withdraw in 2018, reimposing harsh sanctions against Tehran.

Oman, located directly across from Iran across the Gulf of Oman, suffered a harsh recession during the coronavirus pandemic. Covid-19losing 6.4% of its GDP in 2020.


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