Oman’s Integrated Gas Company approves new gs pipeline worth $273 million

Oman's state-owned Integrated Gas Company approved a new gas pipeline worth 105 million Omani riyals ($272.73 million), state news agency ONA said on Saturday.

CAIRO, Aug 2 (Reuters) – Oman’s state-owned Integrated Gas Company approved a new gas pipeline worth 105 million Omani riyals ($272.73 million), state news agency ONA said on Saturday.

The pipeline will contribute to a 4.5% increase in the national gas network’s length, ONA said.

The pipeline will extend from the city of Ibri to Sohar, with an additional connection serving Ibri’s industrial area.

($1 = 0.3850 Omani riyals)

(Reporting by Menna Alaa El-Din and Jaidaa Taha, Editing by Louise Heavens)

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