Tag Archives | gas exports

Total “in talks” to buy Iranian LNG Project

By John Lee. French oil major Total is reported to be in talks to buy a multi-billion-dollar stake in Iran’s partly-built liquefied natural gas (LNG) export facility, Iran LNG. According to Reuters, the company is aiming to buy into the project at a discount to the pre-sanctions price in exchange for reviving the project, which […]

Construction of Iran-Oman-India Pipeline “Imminent”

An official with New Delhi-based South Asia Gas Enterprise Pvt Ltd (SAGE) said that the implementation of a plan to build an undersea gas pipeline to export Iran’s gas via Oman Sea and Indian Ocean to India is imminent. “With the sanctions being lifted, that has definitely changed the game, and the level of interest […]

Swan Energy signs Iran Gas Deal

By John Lee. India’s Swan Energy has signed a MoU with Petronasr and Alpha Energy for the development of Iran’s 20 trillion ft³ Sephied Baghun gas field. According to the report from Natural Gas World, the project comprises the construction of on-shore surface facilities and offshore gas liquefaction facilities at an estimated cost of around […]

Pakistani Cabinet Considers Iran Gas Pipeline Project

The Pakistani government is to discuss the details of the Iran-Pakistan (IP) gas pipeline project. The 56-inch diameter pipeline will initiate from South Pars gas field Iran and end at Nawabshah covering a distance of around 1,931 kilometer with 1,150 km portion in Iran and 781 km in Pakistan. The implementation is to be done […]

Indonesia’s Pertamina to Import LPG from Iran in 2017

Indonesia’s Pertamina said the energy company is expected to sign an agreement to import Iranian liquefied petroleum gas (LPG) in 2017. “It is highly likely we will import again from the National Iranian Oil Company,” Pertamina spokeswoman Wianda Pusponegoro told reporters, according to Reuters. Pertamina plans to import up to 12 cargoes, each of which […]

Iran, Oman, IOCs study Gas Exports

By John Lee. Platts reports that senior officials from the National Iranian Gas Exports Company (NIGEC) have met with Oman’s oil ministry and three international oil companies — Shell, Total and Korea Gas Corporation (KOGAS) — to look at the potential to pipe gas from Iran to Oman. They held a two-day meeting in Tehran […]

Pakistan Seeking to Revive Talks over IP Gas Pipeline

A senior Pakistani official said the country’s Ministry of Petroleum and Natural Resources is waiting for a green light from the Economic Coordination Committee (ECC) for resuming stalled negotiations with Iran on laying a major gas pipeline between the two countries. “The Finance Division, Ministry of Foreign Affairs and Ministry of Planning have already endorsed […]

Pipeline Blast in Turkey Disrupts Iranian Gas Supply

A pipeline carrying gas from Iran to Turkey was blown up on the Turkish territory a few kilometers past Bazargan border crossing, interrupting the gas exports temporarily, an Iranian Interior Ministry official said. The blast occurred on Thursday night, hitting the gas pipeline 12 kilometers into the Turkish soil near the northwestern Bazargan border crossing, […]

Iran’s Gas Exports to Iraq to Begin after Opening LC

The managing director of the National Iranian Gas Company (NIGC) said the Islamic Republic is fully ready to start exporting gas to neighbouring Iraq as soon as the Arab country opens a line of credit (LC) for the project. “Iraqis are now negotiating with international banks so they can open an LC,” Hamid Reza Araqi […]

Japanese Traders Eye Iranian Oil

Reuters reports that Japanese traders are looking to resume oil imports from Iraq, possibly by the end of this year. According to the report, Japanese firms have so far avoided Iranian crude due to a lack of internationally acceptable insurance coverage, but are looking at ways of using cover provided by the Japanese government. Buyers […]