Wednesday, April 20, 2016

About us : The Gas Highway - Oman India Pipeline - Times of Oman

Qns. : Has the work on the gas pipeline from Oman to the Indian coast begun or it’s still being discussed?

After meeting with HE The Petroleum Minister of Oman during my Oman visit and his assurance to go ahead on this project. We had a meeting with our Honorable Petroleum Minister, who was also in favour of this project. THE GAS HIGHWAY –Oman India Pipeline. My plan was to start on 25 December 2015 on the occasion of The Birthday of our Honorable Former Prime Minister Shri Atal Bihari Vajpayee and this 25th December is also celebrated in India as “Good Governance Day”, but the talks between both the Government is scheduled as per my information from Bloomberg News. We are in constant touch with Government agencies and hopeful about to have the opportunity to make THE GAS HIGHWAY in EXISTENCE. But it will all depend on Oman and India Government, where we will put our 100% money with no tax relaxation as well as The Project will be fully insured by Group of Insurance Company worth damage include 120%.

Qns. Is your project expected to bypass Pakistan's seabed territory?

Yes. 200% sure we will bypass Pakistan’s water body. It will be on Oman and India EEZ zone with some portion in Independent Water Body. I don’t want any trouble on my investors money, hence I have to think twice before getting into Pakistan’s territory. We have decided the path in the very beginning to avoid Pakistan’s water body. It has some reason, it will not be easy for my Company and my Government to conclude easily if it goes thru Pakistan’s territory and off course even I don’t want to have trouble of sanction and other kind of stop over in the middle of the job in the future during running the project.









The Proposed route for THE GAS HIGHWAY (Oman India Pipeline)





The Pakistan’s new

Qns.    If yes, are you facing hurdles because now it appears Pakistan’s seabed territory has been further extended by 50,000sqkm in UN regulation this March? What will be the structure and layout of the pipeline in the Arabian Sea like?

Ans. : It is pre-decided by us not to go thru Pakistan’s water body. And it is not due to the relation between India and Pakistan, but as during our study time of Arabian Sea, we have seen very much turbulence in taking Pipeline thru – Pakistan’s water body despite it is very close and short distance. The water body nearby Pakistan’s territory is very much dissimilar compared to route we are following. Here is the route for your refrence.

 

 
Qns. Is your project different from what SAGE proposes to do? They seem to be facing issues with the UN ruling.

Ans. No, we are not rival Company to anyone in undersea pipeline. They are working the project like this since 25 odd years or more. But, my plan is different from them as per my information – Oman and Iran Signed a contract to develop a seabed pipeline to connect Iran to Oman, than for me it is good not to kill time in Iran India Pipeline thought. And, Sage has a Plan to develop something very very big and we are just small portion of it without any conflict between two countries and it can be used for many Countries in future like Qatar, and in future if Saudi Arabia Opens Gas for international market. My project is between two Government and it is upto the Government to conclude and set us to go ahead. WE ARE READY TO GET INTO WATER AS SOON AS WE GET A “GO”.



Thank You.


Dr. Ajay Kumar, Ph. D.
Chairman and Managing Director
Fox Petroleum Group of Companies

India-USA-UAE-UK-Australia-South Africa

No comments:

Post a Comment