Iran: Five LNG plants to open in three years
Iran seeks to produce 40 million metric tons of LNG a year for export./ Iran expects to bring five LNG projects online in the next three years, including a liquefaction facility which is 60% complete, head of the National Iranian Gas Company (NIGC) says. The country has the world’s largest gas reserves but Western sanctions have hampered plans to build Iran's first facility for freezing gas for export by special tankers. NIGC Chief Executive Hamidreza Araqi is hopeful that the most advanced project, Iran LNG which began construction in 2007 ...
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