Site icon Iran Times

LNG on hold yet again

December 29, 2017

The Majlis Energy Committee has put on hold the planned lease of a floating refinery to liquefy natural gas for sale to a Norwegian company.  The committee said it found several problems with the contract and that Oil Minister Bijan Namdar-Zanganeh agreed the contract needed revision.  This is just the latest in many years of problems that have so far spiked desires to produce LNG in Iran.

Exit mobile version