Fox Petroleum proposes Oman-India pipeline
By EPR Magazine Editorial April 10, 2015 12:52 pm IST
By EPR Magazine Editorial April 10, 2015 12:52 pm IST
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.
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