SAGE unveils plans for Oman-India pipeline

Dec 09, 2014 12:00 AM

Construction work on a pipeline, that aims to supply natural gas from the Middle East to India via a major hub in Oman, could commence as early as in 2015, Zawya new agency has reported.

The company behind this ambitious deep-sea multibillion dollar project is South Asia Gas Enterprise (SAGE).

Dr Herman Franssen, International Gas Consultant at the New Delhi based firm, said the proposed venture builds on a two-decade-old initiative by the Sultanate to supply Omani gas to India via a pipeline passing through the Arabian Sea.

An upgraded version of that project, now dubbed the 'The Middle East to India Gas Pipeline', envisions the construction of a transnational natural gas pipeline connecting suppliers in the Middle East to India.

Franssen said that much of the technical, economic and financial preparations have been completed for the $5bn venture.

“SAGE is now discussing a gas purchasing agreement with the sellers and hopes to commence laying the pipeline next year," he added.

Franssen told that the SAGE project offers a "safe, economic and reliable means" of building the deep-sea pipeline that will connect the gas-rich Gulf and Middle East with increasingly energy-hungry India.

The initial idea of the project was conceived about two decades ago when two major gas fields - Saiih Rawl and Saih Nihayda – were discovered in Oman.

Combined together, they have natural gas reserves to meet domestic consumption for several decades while leaving enough gas for one export project.

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