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Iran in talks with foreign companies over LNG projects

Oil&Gas Materials 18 October 2011 17:23 (UTC +04:00)

Azerbaijan, Baku, Oct. 18 / Trend A.Gurbanova/

Iran continues negotiations with two European companies to involve them construction of LNG factories in Assalouyeh, Mehr News Agency reported quoting Managing Director of National Iranian Gas Company Hossein Bidarmaghz as saying.

"Foreign companies and specially two European companies are still negotiating with the Oil Ministry to implement two LPG projects in Iran," he said.

He noted foreign companies do not want to withdraw from the contact on construction of Pars and Persian LNG factories. These companies must just to put investment for the construction of LNG projects.

Iran is predicted to export first LNG cargo in next two years, he added.

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