Policy & Regulation

Iran-Oman-India pipeline in limbo after US action

The return of sanctions against Tehran threatens the future of the SAGE project, making it difficult for the company to find financiers and pipeline contractors The return of sanctions against Tehran threatens the future of the SAGE project, making it difficult for the company to find financiers and pipeline contractors.
By Verity Ratcliffe 12 July 2018 0 31707
Donald Trump signing withdrawing from the Iran nuclear deal President Trump making his statement on the Iran deal in May. (PA)

The future of a gas pipeline project that would link Iran to Oman and India is in jeopardy as the United States prepares to reimpose sanctions against Tehran. South Asia Gas Enterprise (SAGE), the pipeline’s developer, is still trying to raise funds for a FEED study, but the project will struggle to progress while Iran is subject to US sanctions.

The project would involve the construction of a 24-inch diameter subsea pipeline to take gas from Chabahar in Iran and Ras al-Jafan in Oman to Porbandar...