Oman and Iran sign deals to develop two gas pipelines and an oil field along maritime border
- A deal was reached about two decades ago to allow Iran to supply Oman with gas, but the project never materialised
- Oman has close political and economic ties with Iran and played a mediating role between Tehran and Washington in the build-up to the original nuclear deal in 2015
Oman and Iran signed deals to develop two gas pipelines and an oilfield along their maritime border, Oman’s energy minister said on Saturday, less than two weeks after Iran’s president visited the sultanate.
The visit by Iranian President Ebrahim Raisi on May 23 came amid stalled international talks to revive a deal on Tehran’s nuclear programme, leaving the Islamic republic under sanctions.
At the time, the official Oman News Agency reported that the countries had signed memorandums of understanding concerning oil and gas, but did not provide details.
On Saturday, the agency quoted energy minister Mohammed al-Rumhi as saying the agreements were “related to the development of the two gas pipeline projects linking the two countries and the Hengam oilfield”.
A deal was reached about two decades ago to allow Iran to supply Oman with gas, but the project never materialised.
Sanctions on Iran complicated efforts to execute that project, and could also make it difficult to implement the new deal.
The Hengam oilfield is located in the strategic Strait of Hormuz near the United Arab Emirates.
