Oman Electricity Transmission Company OETC announced in a statement that it has signed three agreements with the Gulf Electricity Interconnection Authority, at the authority’s headquarters in Saudi Arabia in Dammam, in the presence of the stakeholders and representatives of both parties.
The first agreement stipulated the exclusive right to use the electrical interconnection assets. The agreement deals with the mechanisms of owning, operating and maintaining the 220 kV electrical interconnection assets in the Sultanate of Oman on behalf of the GCC Interconnection Authority.
As for the second agreement, it provided for the provision of operating and maintenance services for the electrical link, whereby OETC will manage the link entirely, and the authority has the exclusive right to use the assets of the electrical link in case of emergency and the exchange of other energy.
The third agreement provided for the operation of the electrical link between the two parties, statement mentioned.