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Asharq Al-Awsat
Asharq Al-Awsat
Business
Muscat – Asharq Al-Awsat

Oman Denies Claims about Negotiations with Iran Over Stakes in Hengam Gas Field

Oil Oman Iran Tehran
Oman has achieved a balanced increase of 2.1 percent in the production of crude oil and oil condensate during 2021. (Oman News Agency)

The Omani Ministry of Energy and Minerals stressed that it had not recently participated in any technical discussions or commercial negotiations related to the joint offshore oil field with Iran.

Oman denied recent reports by Iranian media about a bilateral agreement over the Hengam gas field, and Tehran’s acquisition of an 80 percent share. The ministry stated that previous discussions on the development of the field have failed to reach an agreement.

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