Iran and Norway plan to build a floating facility for liquefied natural gas in the Persian Gulf with a help of an yet unidentified Norwegian company, according to a report by Press TV.
The project, technically referred to as FLNG – will be used to support Iran’s exports of liquefied natural gas (LNG) to Europe and the Far East, as Vice President for Finance and Investment Affairs of the National Iranian Oil Company (NIOC), Ali Kardor, said.
No further details have been revealed on the project, except that the Norwegian firm will send a ship “that will specialize for the same type of project to Iran’s ports in the Persian Gulf by March 2017,” according to Kardor, Offshore Energy Today wrote.
Iran previously pursued three key LNG projects – Iran LNG, Pars LNG, and Persian LNG, however, they were abandoned over the past few years.
NIOC Chief, Rokneddin Javadi, said in October that LNG has returned to Iran’s energy agenda, stressing that the country has devised serious plans to launch its first liquefaction project by April 2018.
In line with the country’s gas strategy, the country is already working on a plan to pipe natural gas to Oman and use the liquefaction facilities of the Persian Gulf sultanate to export LNG to overseas markets, informed Trade Arabia.