South Korea to build LNG plants in Iran

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

The construction of the plant could begin within the next four years.
The construction of the plant could begin within the next four years.

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

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

Saeed Pakseresht, director for research and development affairs of the National Iranian Gas Company (NIGC), said: “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.”

Pakseresht said that the plants will have a production capacity of 15 tonnes per day that could increases to 300 tonnes per day at a later stage, according to Tradearabia.

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

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

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