Oman and Iran ink oil, gas deals

Oman and Iran signed deals to develop two gas pipelines and an oil field along their maritime border, Oman’s energy minister said.

The visit by Iranian President Ebrahim Raisi during the last week of May came amid stalled international talks to revive a deal on Tehran’s nuclear program, leaving the Islamic republic under sanctions. 

At the time, the official Oman News Agency reported that the countries had signed memoranda of understanding concerning oil and gas, but did not provide details. 

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 oil field."

A deal was reached about two decades ago to allow Iran to supply Oman with gas, but the project never materialized.

Sanctions on Iran complicated efforts to execute that project, and could also make it difficult to implement the new deal. 

The Hengam oil field is located in the strategic Strait of Hormuz near the United Arab Emirates. 
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