FINANCIAL NEWS

Iran and Oman signs a memorandum of understanding on gas export

28 Aug 2013

(MENAFN) Oman decided to buy USD60 billion worth of natural gas from Iran over the following quarter of the current century, according to Tehran Times.

Iran will extend a pipeline to Oman for the gas export process during the next two years, according to their agreement.

a memorandum of understanding (MOU) was signed in Tehran between Iranian Oil Minister Bijan Namdar Zanganeh and his Omani counterpart Mohammed bin Hamad bin Saif Al Rumhy last Monday.

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