Tehran, Iran, June 24
By Milad Fashtami - Trend:
Iran plans to invest $100 million to construct a large number of mini liquefied natural gas (LNG) plants across the country.
Iran's Deputy Oil Minister Hamidreza Araqi said that eight investors have declared their readiness to invest in the project, Iran's ISNA News Agency reported on June 23.
He went on to note that the project aims at feeding enough gas to big industries and power plants in cold months, when the households' consumption rises.
"The plan is economically justified and environment-friendly," he explained.
Araqi, also the managing director of National Iranian Gas Company, said that the company plans to construct more pipelines to deliver gas to remote villages across the country.
It was reported previously that Iran plans to build several mini liquefied natural gas (LNG) production units in order to transport gas to the provinces which are far from gas sources.
Constructing mini LNG units in different provinces will also reduce Iran's costs to transport gas to all parts of the country.