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FINANCIAL NEWS
Oman sets up new gas pipeline to Iran
12 Nov 2013
(MENAFN) Iranian Petroleum Minister Bijan Namdar Zanganeh said that Oman has set up a new subsea pipeline to Iran to transfer gas supplies, according to Tehran Times.
It is expected to finalize a deal of transferring gas through the pipeline over the following five months.
Iran’s supplies of gas will be decreased by 40 bcm this year due to delays in operations, the Minister said.
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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