TEHRAN: Iranian Oil Minister Bijan Zanganeh is going to travel to Oman on January 21. This will make Zanganeh’s first foreign trip after the removal of sanctions against Iran, SHANA news agency reported January 20. Meeting the kingdom’s oil officials, Zanganeh will follow up on existing contracts and talk over future cooperation prospects.
Iran is looking forward to greater economic ties with other countries after it was freed from sanctions as a comprehensive deal with six world powers came into force on January 16.
Muscat has been avid to receive gas from Iran. In 2014, Oman signed a contract for the import of 28 million cubic meters of gas per day from Iran. Part of the gas will be consumed by Oman and the rest will turn into LNG and exported on behalf of Iran.
On September 21, Tehran and Muscat signed a contract to stretch a gas pipeline from Iran to Oman as a necessary step to realize the gas export deal. Oman is the second largest trade partner of Iran among Persian Gulf littoral states.
