NICOC to Build LNG 3100 Plant Starts This Year

Source: Shana 4/14/2010, Location: Asia

The National Iranian Central Oil Company (NICOC) managing director announced that Building LNG 3100 Plant starts in the current Iranian year 1389 (21 March 2010 – 20 March 2011) in Dehforan.

In an exclusive interview with Shana newswire, Alireza Zaighami, NICOC managing director said the company has signed an agreement with the NaftIran Intertrade Company (NICO) to receive one billion dollars credit for implementation of the project.

He added that to implement 14 oil and gas projects in the central regions of the country, a consortium consist of several banks would provide more that $4 billion credits.

NICOC managing director said Day, Sarvestan and Sadatabad, Khesht, Dehloran 2, Tange Bijar 2, Cheshme Khos and Bangestan, Danan, Aban, Somar and Eastern Assaloyeh, Shakhe and Viznahar, Namak Gharbi and Zira, Alborze Qom, Shorije and Southern Gesho are among the projects that the consorcuim will provide financial resources to develop them.

He stressed that by completion of the aforementioned projects, daily oil and gas output in the central regions would increase by 125 thousand barrels and 5 million cubic meters respectively.


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