Shell, Total and Korea Gas Corp executives have held discussions with Iranian and Omani officials for a potential gas pipeline running from Iran to Oman.

Officials from state-owned National Iranian Gas Exports Co and Oman's Oil Ministry took part in the two-day discussions to explore possibilities of cooperation in the pipeline project, reported news agency Shana.

In 2013,  the countries signed a 15-year agreement for gas exports through a seabed pipeline.

Estimated to cost $1.5bn, the pipeline will be able to transport one billion cubic feet a day of gas from Iran to Oman, reported

"Estimated to cost $1.5bn, the pipeline will be able to transport one billion cubic feet a day."

A Shell spokesman was quoted by as saying: "We can confirm that Shell is a member in the Advisory Task Force of the Iran/Oman gas pipeline project.

"The scope of the work of the project is subject to confidentiality."

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By GlobalData

In August, petroleum ministers of both countries signed a memorandum of understanding regarding natural gas exports.

Companies in Iran have recently finished work on the South Pars Phase 20 control platform.

Iranian Offshore Engineering and Construction developed Phase 20 platform in Khorramshahr.

The 2,000t platform was installed at the offshore location recently.

In August, Phase 21 platform and is expected to become operational this week.

Work on the associated 32.4in diameter pipelines have also been completed.