The implementation of a plan to build an undersea gas pipeline to export Iran’s gas via Oman Sea and Indian Ocean to India is imminent, Iran Business News reported quoting South Asia Gas Enterprise Pvt Ltd’s (SAGE) Project Director, Ian Nash.
Nash added: “With the sanctions being lifted, that has definitely changed the game, and the level of interest (for Iran-Oman-India pipeline) is accelerating now.”
The $4.5b pipeline will take natural gas from southern Iran via Oman Sea and the Indian Ocean to Gujarat state in western India, Trade Arabia informed. SAGE will lay the 1,400km pipeline bypassing the exclusive economic zone (EEZ) of Pakistan.
Iran and Oman have already signed a deal to build an undersea pipeline to ship 20mcm/d of gas to the sultanate for a period of 25 years. The deal worth $60b also includes turning Iranian gas to LNG for exports.
India has sought to establish a direct gas link with Iran after Pakistan’s foot-dragging in completing an onshore gas pipeline between the three nations.