Monday 8 August 2022

Gazprom seeks to join Iran’s LNG projects

TEHRAN, August 3, 2016

Russia-based oil and gas major Gazprom has put in a request for partnership in Iran's liquefied natural gas (LNG) production projects, said a report.

Gazprom has called for taking part in Iranian LNG programmes as the countdown begins for inviting tenders for the construction and implementation of Iran LNG plant, added the Iran Daily News report, citing Mehr News Agency.

The construction of the country's only LNG production plant has reached a hiatus although the project has shown a physical progress of more than 50 per cent, it said.

National Iranian Oil Company (NIOC) seeks to conduct technical and economic assessments to make an international tender to select a foreign investor to complete and operate the project.

Russia's Energy Minister Alexander Novak recently revealed that Gazprom Company is willing to join Iran's gas projects.

Managing director of National Iranian Gas Exports Company (NIGEC) Alireza Kameli,  added that the natural gas liquefaction plant of Iran LNG will be funded by a foreign investor and will be completed by a contractor while a third company will be in charge of recovering LNG shipments.

Noting that the technical assessments of Iran LNG will be over within three months, Kameli underlined that the company with the most suitable offer will then be appointed to undertake the project, added the report.

Tags: | Iran | LNG | Gazprom | Projects |

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