Reza Zarrabi, the chairman of Iran-Oman Joint Chamber of Commerce, said on Wednesday that a shipping line between Shahid Rajaei Port in southern Iran and Sohar Port of Oman will begin operating as of June 20.
Iran and Oman agreed to divide the Hengam gas field in the Persian Gulf on an 80:20 formula as part of a recent contract signed between the two countries to jointly develop the field, said an industry source.
Two Iranian airlines, namely the flag carrier IranAir (Homa) and Karun, have received permits from the Oman Civil Aviation Authority to launch direct flights to the Sultanate.
Iranian President Ebrahim Raeisi said that Tehran has decided to establish a trade office in Oman to further broaden economic cooperation with the neighboring state.
Iran and Oman have signed 12 cooperation documents and memorandums of understanding for the expansion of bilateral cooperation in various fields, as Iranian President Ebrahim Raeisi visits the Persian Gulf sultanate.
Minister of Petroleum Javad Owji says Iran agreed to form a committee with Oman to jointly develop the Hengam oilfield, which straddles their sea border.
Iranian Minister of Road and Urban Development Rostam Qassemi said on Sunday that during his visit to Oman, he and his Omani counterpart Saeed Bin Hamoud Al-Mawali have made different transportation agreements.
Iranian President Ebrahim Raeisi left Tehran for Muscat on Monday at the invitation of Omani Sultan Haitham bin Tariq.
Iranian Minister of Petroleum Javad Owji, who is on a visit to Oman, has agreed to revive a project for laying a pipeline to pump Iranian gas to Oman.
A delegation of Iranian private sector activists has travelled to Oman to help trade between the two neighboring countries.