EghtesadOnline: The completion of its largest liquefied natural gas venture, known as "Iran LNG", will change Iran into a major player in the global gas market, the former secretary-general of Gas Exporting Countries Forum said.
EghtesadOnline: Iran could export its first liquefied natural gas cargo from the Persian Gulf as early as next year, if it presses ahead with its proposed floating LNG production project.
EghtesadOnline: Only weeks after the world heard news of a revival in Iran’s ambitious plans to get a foothold in the global market of liquefied natural gas (LNG), speculations are now emerging that the country’s first consignments of the strategic fuel could flow to markets in 12 months’ time.
EghtesadOnline: Russia’s Gazprom says it has signed a basic agreement with the National Iranian Oil Company (NIOC) that envisages cooperation over the production of liquefied natural gas (LNG).
EghtesadOnline: Iran has finalized a contract which could provide it with a crucial access to global markets of liquefied natural gas (LNG) it had been denied for years as a result of US sanctions.
EghtesadOnline: State-run Korea Gas Corp (KOGAS), the world’s second-largest single buyer of liquefied natural gas (LNG), says it plans to import natural gas from Iran as well as explore opportunities to acquire gas field stakes in the country.
EghtesadOnline: A senior energy official announced that a memorandum of understanding (MoU) will be signed with Tak-Iranian Gas Company on Monday to build the first Liquefied Natural Gas (LNG) complex in Qeshm island.
EghtesadOnline: Iran and South Korea will start manufacturing the small units of producing liquefied natural gas (Mini LNG), four years after obtaining the technology, head of Research and Technology at National Iranian Gas Company (NIGC) said.
EghtesadOnline: With natural gas prices closely associated with movements in global crude oil benchmarks, it is not economically viable to export gas as long as oil is struggling at around $50 a barrel.
EghtesadOnline: The Philippines plans to buy 250,000 to 260,000 barrels per day of oil for use in a new refinery from Iran, President of state-own Philippines National Oil Co. (PNOC) Pedro Aquino says.