Iran to Be LNG Pioneer

Source: www.gulfoilandgas.com 10/24/2011, Location: Asia

Ahmad Qalebani, Managing Director of the National Iranian Oil Company (NIOC) in a message to the LNG conference at the Rayzan International Conference Center, stated that cooperation of powerful countries such as Russia with leading oil and gas companies to setup gas liquefying factories up to one million tons shows the importance of LNG industry and added: “therefore, as the trustee in the energy sector we have to pay special attention to this field.”

Mentioning that the Iran LNG is the only project of the country on this field at the moment, he expressed that different obstacles like lack of commitment of foreign contractors has caused the project to be postponed but he hoped by launching new projects in the near future the country could join the world’s LNG industry.

In response to experts’ criticism which believes Qatar has successfully taken the lead from Iran by 77 million tons of LNG production each year from South Pars, in the message he pointed out that Qatar’s presence in the global energy market is based on its single product. Meanwhile he added that variety in Iran’s oil and gas basket shouldn’t lead the country to ignore the strategic role of the LNG.

Iran plays a key role in the world’s gas production by having more than 33.9 trillion cubic meters of gas reservoirs after Russia.


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