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    Iran Needs to Enhance LNG Technology

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Summary

Iran needs to acquire and enhance LNG technology in order to venture into the growing export market, managing director of National Iranian Gas Exports Company Ali-Reza Kameli said.

by: Shardul

Posted in:

Asia/Oceania

Iran Needs to Enhance LNG Technology

Iran needs to acquire and enhance LNG technology in order to venture into the growing export market, managing director of National Iranian Gas Exports Company Ali-Reza Kameli said.

“Access to LNG industry will increase our share of gas trade and will push us closer to our main objective, which is acquiring a 16-percent share in gas trade,” Kameli told Shana news agency.

Kameli said Iran’s top priority would be delivering gas to neighbouring countries, adding: “When gas production from South Pars increases, we will have two choices: meeting domestic gas needs and gas exports to neighbouring countries and the second option will be converting gas to LNG.”

LNG projects will take time, he said Iran, which sits atop the world’s largest gas reserves, could not limit its exports to pipeline, Shana quoted Kameli as saying.

“Entry to LNG market requires access to new technologies,” he said.

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