Friday 17 August 2018

S Korea plans to build mini LNG plants in Iran

TEHRAN, June 20, 2017

South Korea will build small-scale liquefied natural gas (LNG) plants in Iran to meet energy needs in remote areas of the country, media reports said.

The construction of the plant could begin within the next four years, Press TV reported.

A consortium from Iran and South Korea will be involved in the scheme, Saeed Pakseresht, director for research and development affairs of the National Iranian Gas Company (NIGC) was quoted as saying in the report.

“We do not have the technology to develop Mini-LNG plants, but joining hands with companies like South Korea’s Oceanus and KOGAS is an important step to develop our LNG sector,” Xinhua quoted Pakseresht as saying.

The plan to build the plants envisages a production capacity of 15 tonnes per day, he said, adding that it could rise to as high as 300 tonnes per day at a later stage.

The South Korean companies involved in the project are Oceanus, Kitech Institute of Industrial Technology and Korea Gas Technology Company, according to the report.

 The Iranian parties involved are the NIGC, the LNG Institute of Tehran University and the Research Institute of Petroleum Industry.

Tags: Iran | South Korea |

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