German Linde Group is set to become the biggest contractor in Iran's LNG projects after receiving the green light from Euler Hermes, a credit insurance company, a report said.

Iranian officials and Germany's Linde Group will discuss the LNG projects in a new round of talks, Iran Daily reported, citing Mehr News Agency.

In the earlier talks, German side signed a deal to provide technical support to Kian Petrochemical Complex and signalled its readiness to participate in the country's biggest petrochemical projects in fresh round of talks with Imam Khomeini Petrochemical Complex.

The discussions centered on new investments, technology transfer, training, and research and development projects.

The German company's willingness is attributed to assurances by Euler Hermes Credit Insurance Co., which would provide insurance coverage to enterprises operating in Iran.