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Iran to export natural gas to India, Oman via under-sea pipeline: report
Monday, September 26, 2011

TEHRAN, September 25 (Xinhua) -- An Iranian official said Sunday that India and Oman are considering to import natural gas from Iran via an under-sea pipeline, the official IRNA news agency reported.

The caretaker of the National Iranian Gas Export Company, Hossein Bidarmaghz said, an Indian delegation will travel to Tehran for talks on building an independent under-sea gas pipeline, said the report.    

"New Delhi has a plan to build an under-sea gas pipeline between Iran and India, in order not to pay any transition fee for delivery of gas," Bidarmaghz was quoted as saying.

If an under-sea gas pipeline is built by India to Oman, Iran can build a similar pipeline in deep waters to join that  pipeline for export of gas to New Delhi, Bidarmaghz added.

There have been some agreements between Iran and Oman on making the project operational in cooperation with a third country, he was quoted as saying.

According to the report, based on a trilateral agreement between Iran, Oman and a third country, Tehran will provide natural gas to an Omani liquefied natural gas (LNG) factory in order to convert it into LNG and sell it to the customers.

The South Pars/North Dome field is a natural gas condensate field located in the Persian Gulf. It is the world's largest gas field, shared between Iran and Qatar. According to the International Energy Agency, the field holds an estimated 50.97 trillion cubic meters (1,800 trillion cubic feet) of in-situ gas and some 50 billion barrels of condensate.

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