Iran NIOC Seeks To Develop Second LNG Export Proj -
October 16, 2000, SINGAPORE -(Dow Jones)- The National Iranian Oil Co.
is in talks with international petroleum companies, with a view to building
a second liquified natural gas export project in the country, the Middle
East Economic Survey reported Monday.
Ahmad Rahgozar, vice-president of NIOC, said that NIOC expects to produce
15 million metric tons a year of LNG from its South Pars Phase 11 and Phase
12 developments. The South Pars project is the country's first LNG export
project. Rahgozar was speaking at a gas industry briefing in Doha, Iran
, Oct. 9.
Rahgozar is proposing building two twin-train LNG plants, each with
a capacity to produce 7 million to 8 million tons/year, at Assaluyeh, where
the onshore gas processing infrastructure is being built to handle South
The company expects to produce its first LNG cargo in 2005.
NIOC have opened a tender aimed at international companies and is seeking
one international company or consortium to develop the two newly-proposed
"We are in discussion with 10 different potential participants
so far, " Rahgozar said, adding that TotalFina Elf S.A. (TOT), BP
Amoco PLC (BP), the Royal Dutch/Shell Group (RD), BG Group PLC (BRG) and
Gaz de France (F.GAF) were some of those included. "Some of the companies
have said they are interested in developing the whole 15 million tons/year."