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Iran to build Caspian-Oman oil pipeline
Tue Aug 28, 2007 6:11AM
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Iran's caretaker oil minister says the country is planning to build a pipeline to transfer crud oil from the Caspian Sea to the Sea of Oman.

Gholam-Hossein Nozari said on Monday that the strategic Neka-Jask pipeline would provide Iran with golden opportunities.

He added the National Iranian Oil Refining and Distribution Company would make the final decision on the project by next week.

Nozari also said that the negotiations on the Peace Pipeline are underway and the project will certainly be implemented.

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