The Dutch offshore engineering company Intecsea, a leader in offshore engineering, has expressed its interest in the construction of a subsea pipeline for supplying Iran’s natural gas to Oman, Trade Arabia reported.

The $1.5b pipeline project is expected to be completed in three phases to cover the Iran-the Strait of Hormuz section, the strait section and the Oman-LNG terminal section. The pipeline is to stretch 400 km over onshore and offshore sections.

Intecsea will offer Iran special engineering and technical services and studies for the pipeline, said the company’s Project Manager, Mohammad Akbarzadeh, Oman Observer wrote. The project will make Iran’s ambition to become LNG exporter come true.

Iran will be able to use Qalhat LNG plant,  which has the capacity to liquefy 10.4m tons of LNG per annum in Oman as the Islamic Republic does not have one.

Last May, South Korea inked a deal with Iran in which it will participate in the construction of the subsea gas pipeline from Iran to Oman.