How Oman Plays a Role in Iran's Plan To Become an LNG Superpower

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How Oman Plays a Role in Iran's Plan To Become an LNG Superpower
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Iran has long planned to become a global LNG superpower through a variety of methods, including one that involves longstanding ally Oman

Iran Eyes Oman ’s Qalhat Expansion For Its Own Plan To Be An LNG Superpower Liquefied natural gas LNG has become the world’s most sought-after emergency energy source following Russia’s invasion of Ukraine on 24 February 2022. This is because it is readily available in the spot markets and can be moved quickly to anywhere required, unlike gas or oil sent through pipelines.

Overall, the Islamic Republic’s plan was to become the largest exporter of gas – including that in LNG and liquefied petroleum gas LPG forms – to Europe and Western Asia, with a focus on China, South Korea and Pakistan. Prior to the withdrawal of the U.S. from the Joint Comprehensive Plan of Action ‘JCPOA’, or colloquially ‘the nuclear deal’ in May 2018, there had been no shortage of international oil and gas firms companies looking to take part in the Iran-Oman pipeline.

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