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Iran will be a major LNG exporter by 2015: official

Iran Materials 19 June 2009 14:54 (UTC +04:00)

TEHRAN (MEHR - Trend )

Iran has plans underway to produce 70 million tons of liquefied natural gas by 2015, becoming a major supplier to the world markets, the National Iranian Gas Export Company's marketing manager said here on Wednesday.

SHANA quoted Alireza Qasemi-Javid as saying that seven LNG production projects are being developed in the country to hit the target.

"The Persian LNG project with an annual output of 16.2 million tons, the Pars LNG project with an annual capacity of 10 million tons, the Iran LNG project with an annual capacity of 10.8 million tons, the North Pars with an annual capacity of 20 million tons, the Golshan LNG project with an annual capacity of 10 million tons, and two other projects with a total production capacity of 3 million tons per year are the abovementioned projects," he added.

Noting that Iran LNG project will come on stream in 2011, Qasemi-Javid went on to note that, "The Persian LNG and Pars LNG projects will become operational in 2014 while North Pars and Golshan projects will come on stream in 2015."

"Asian and European markets will be the destination markets for the produced LNG. We have started our negotiations with countries such as Austria, Germany, Italy, China, Japan, Taiwan and Korea," he concluded.

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