Call to increase Iran-Oman investment in oil, gas, petchem

Call to increase Iran-Oman investment in oil, gas, petchem
Head of Tehran Chamber of Commerce, Industries, Mines, and Agriculture Masoud Khansari called for an increase in joint investment in oil, gas and petrochemical industries.

In a meeting with visiting Head of the Board of Directors at SEZAD (Special Economic Zone Authority at Duqm) Yahya bin Said bin Abdullah Al Jabri, he said, "Diplomatic and economic relations between Iran and Oman were outstanding even before the 1979 Islamic Revolution and this has continued to date," Shana reported.

"Oman is the gateway to Africa and has excellent geographical location as well as free trade zones. It demands that Iranian businessmen and investors use the opportunity appropriately," he added.

Khansari said the July-24 nuclear deal has opened the way for cooperation with a number of countries, including Oman.

Last week, Iran and Oman signed contracts with domestic consultant firms to conduct studies on the construction of a gas pipeline to Oman.

The pipeline will become operational by the end of 2017, said Managing Director of National Iranian Gas Exports Company (NIGEC) Alireza Kameli.

The project includes laying the 400-kilometer land-sea pipeline from Iran to Oman. According to initial data, the land part of the gas pipeline is to extend for 200 kilometers from Rudan to Mobarak Mount in the southern Hormuzgan province.

The under-sea sector, between Iran and Sohar Port in Oman, will stretch for another 200 kilometers.

About five months will be allocated for the under-sea sector and six months for the overland portion, Kameli added, noting that the project can become operational within 18 to 30 months.



Sep 29, 2015 10:13

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The section of oil, gas and petro-chemistry is the up-most and first industrial vantage of the country and the pivot of the Economy of Iran. Regarding the importance of this section and the need for coordinating and organizing the most active people in the field of production and exporting oil ,gas, and petrochemical products ,some forethoughtful and job- makers in the private section of the country decided to come together to fight against the threats by using the opportunity of mass intelligence and potentials.