Iran has sealed an agreement to export 10 billion cubic metres of gas per year to Oman, Iran's state news agency IRNA said on Wednesday, in a deal that also involves building a pipeline across the Gulf at a cost of about $1 billion.
The accord, signed during Iranian President Hassan Rouhani's first visit to Muscat since his election last year, came out of a memorandum of understanding between the countries in August for the sale of Iranian gas to Oman from 2015, in a 25-year deal valued at around $60 billion. (Reuters)