New scenario of gas exports to Europe

New scenario of gas exports to Europe

The Deputy Minister of Oil, stating that one of the scenarios of Iranian gas exports to Europe is the production of LNG, said: “According to this, about 10 million tons of new capacity has been defined for the construction of mini LNG and FLNG units.” Explaining the most important programs for the production and export of Iranian gas through the LNG route, Ali Kardar said: “Currently, one of the scenarios for the export of Iranian gas, especially to European countries, is the production and supply of LNG.”

The CEO of the National Iranian Oil Company emphasized: In line with this macro policy, in addition to the construction of huge multi-million ton LNG units, the construction of small units, LNG production in the form of mini LNG and FLNG projects is on the agenda.

Emphasizing that about 10 million tons of new capacity has been defined in the form of mini LNG and FLNG projects, the Deputy Minister of Oil said: “These units can increase the capacity of about 500,000 tons to 2 million tons per year to produce mini LNG and Have FLNG.

This member of the board of directors of the National Iranian Oil Company, emphasizing that according to the criteria set, it is possible to transfer Iran’s mini LNG or FLNG units with 100% shares to internationally qualified companies, said: “According to this, negotiations with companies Internationally credible and domestic private sector done.

Carder also explained the pricing formula for selling natural gas feed to new mini and FLNG units to domestic and foreign investors: The pricing formula has been developed for 10 years to supply feed for mini LNG and FLNG units, in which some indicators Crude oil sales in East Asia have been priced.

He also said in response to another question from Mehr about negotiations with several Norwegian companies in order to set up FLNG units in the Persian Gulf region: In this regard, negotiations have been held with several Norwegian companies.

The official concluded by noting that Iran’s FLNG units in the Persian Gulf region have an annual production capacity of 500,000 tons of mini LNG, noting that talks with a Norwegian company have been finalized and that ownership of a FLNG ship is being transferred to an investor. We are Norwegian. (October)

Source: Mehr