Iran says it is working on a plan with a Norwegian company to build a floating facility to liquefy natural gas in the Persian Gulf. Ali Kardor, the vice president for finance and investment affairs of the National Iranian Oil Company (NIOC), has been quoted by the media as saying that the project technically referred to as FLNG will be used to ...

Iranian companies and a French firmhave reached a final agreement on floating production of LNG from associated gas at an oilfield in the Persian Gulf, Deputy Petroleum Minister Roknoddin Javadi says. Final negotiations have been held between two Iranian companies and a reputable French company in order to set up an FLNG unit, said the official,...

TEHRAN, Nov. 16 (Shana) - Member countries of the Gas Exporting Countries Forum (GECF) account for 42 percent of the worlds gas production, 70 percent of the worlds gas reserves, 38percentof pipeline gas transmission and 85 percent of liquefied natural gas (LNG) trade. Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia,...

TEHRAN, Nov. 9 (Shana) Minister of Petroleum Bijan Zangeneh said following finalization of the talks between Tehran and Brussels, a floating liquefied natural gas (FLNG) vessel will be stationed at Irans oil terminal of Kharg Island in the Persian Gulf. The Belgian side can bring its FLNG vessels to Kharg so that Iran can produce LNG there for ...

TEHRAN Oct. 25 (Shana) - The National Iranian Oil Company (NIOC) will in the near future conclude the contract on transaction of flaming torch gases from three oil fields which will be the countrys first water-based project of floating liquefied natural gas (FLNG), a company official said. From the three contracts on selling the torch gases to be ...

Global energy giant Shell has voiced interest in Irans oil and gas projects but says it is still too early to speak of any specific plans. Shell CEO Ben van Beurden has told the Oil & Money conference in London that Iran is an interesting country in terms of geological structure, and there are interesting prospects for investments in the countrys ...

Iran is in talks with the biggest floating LNG company for production of liquefied natural gas, head of the National Iranian Gas Company Alireza Kameili said on Thursday. The company, which he did not name, will come to Iran immediately after sanctions are lifted on the Islamic Republic. Due to their high economic viability, Iran is moving in ...