Iran and Oman signed a memorandum of understanding (MOU) in Tehran on Saturday on cooperation in the development of oil and gas fields, investment making in petrochemical and petro-refining sectors, and the export of oil products and petrochemicals, Iranian Oil Minister Javad Oji announced.
Oji made the remarks addressing the press on the sidelines of his meeting with Omani Minister of Energy and Minerals Salim al-Aufi at the place of Oil Ministry.
“Signing this MOU between the national oil companies of the two countries today was in continuation of the previous negotiations between the two sides”, the minister said.
Recalling that several stages of negotiations have been conducted with the Omani side over one and half past years, the official said: “Today, they signed a memorandum of cooperation in the continuation of the negotiations in the upstream and downstream sectors of the oil industry.”
“With the finalization of the negotiations between the two countries, we will see an increase in the export of petrochemical products and oil products to this country, considering the existing capacity in the country”, Oji noted and said that as the negotiations become more serious, more details of oil and gas cooperation with Oman will be informed.
The Omani minister also met Iran’s First Vice President Mohammad Mokhber on Saturday.
During the mentioned meeting, the Iranian official said, “Despite the important and strategic approach of the officials of the two countries for the development of the bilateral trade relations, there is still a long way to reach the desired point, and we must achieve the desired goals by removing the obstacles ahead.”
As stated by Oil Minister Javad Oji, in the 13th government, there is special attention to all-round development with the neighbors of the country, especially Oman.
Oji had intensive meetings with the ministers of foreign affairs and energy of Oman during his trip to Muscat on May 20, 2022.—Tehran Times
