Fox Petroleum proposes Oman-India pipeline

 Fox Petroleum Ltd has proposed the Indian government to build the Oman –India Multi Purpose Pipeline (OIMPP) with 100 per cent investment from foreign funding.
According to the company, the project – a deepwater, transnational, natural gas pipeline system that will cross the Arabian Sea, can be completed within 48 months and worth $ 5.6 billion with 4% variation.
In this regard, the company’s CMD Ajay Kumar recently gave a detail oriented first level presentation to Petroleum Minister Dharmendra Pradhan in New Delhi.  “A dual sized, single, pipeline from the Oman coast near Ra’s Al Jifan would be linked to DUQAM onshore and  from Al DUQAM  to the Indian coast at Gujarat via a mid-line re-compression station situated on the Qualhat Seamount (Murray ridge),” he said.
During his presentation, Mr Kumar said, “Since India has serious security concerns with regard to pipeline projects over land, a deep sea pipeline is probably the most promising option. This 1,600-km OIMPP project intends to transport 8 tcft (trillion cubic feet) of natural gas to India over a period of 20 years. The pipeline is planned to be about 1,300 km long in phase one and 300 km more to connect Mumbai, laid at a depth of 3,400 metres below the seabed.”

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Most Popular

To Top