Tag Archives | Linde

Methanol Sales Deal with German Firm

Iran’s Marjan Petrochemical Company has clinched a contract with a major German firm over sales of methanol produced at a petrochemical plant which will come on stream soon, an official said. “Marjan is the first petrochemical company to have sealed a contract for sales of products with European companies,” Hassan Beigi, the managing director of […]

Iran Eyes Petchem Deals with Int’l Majors Soon

A senior Iranian petroleum official says the country is about to sign several deals with international companies for developing petrochemical projects. Following a meeting with executives from Germany’s industrial gases company Linde, Amir Hossein Zamaninia, deputy petroleum minister in international affairs and trading, underlined the “very favorable” progress made in talks with leading international companies […]

NIOC Seals Oilfield Study MoU with Iranian Firm

The National Iranian Oil Company (NIOC) has signed a memorandum of understanding (MoU) with Ghadir Investment Company (GIC) to carry out studies of oil and gas fields in Iran. Based on the deal, GIC will study the Kisha, Sepehr, Jofeir and phase III of Darkhowin oil and gas fields; GIC will have 6 months to […]

Banking Problems stall Linde Iran Contracts

By John Lee. Reuters reports that German industrial gases group Linde has revived plant-engineering contracts in Iran, but is unable to act on them until it can transfer money out of the country. It quotes CEO Aldo Belloni as saying that the contracts date from “years ago“, before sanctions were imposed. (Source: Reuters)

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 […]

Linde, Delvar Afzar form Industrial Gases JV in Iran

The Linde Group and Delvar Afzar Industrial Gases, part of the Delvar Afzar Industrial Group, have agreed to form a joint venture, Linde Delvar Afzar Industrial Gases (LDAIG), headquartered in Teheran, that will leverage the strengths of both JV partners to become a leading supplier of industrial merchant gases and healthcare gases in Iran. Adam […]

Germany’s Linde in Iran Petrochemical Deal

Iran’s Kian Petrochemical Company is to sign a complementary contract with Germany’s Linde Group. Managing Director of Kian Petrochemical Company Mohammad-Sadeq Fazeli made the remark in an interview with Shana on the sidelines of ceremony to sign a contract with the company. Fazeli said, “After one and half years of talks with many companies, we […]

Iran Begins LNG Exports to Kenya, Tanzania, S Africa

Iran has started exports of liquefied natural gas (LNG) to Kenya, Tanzania and South Africa, an official announced. Esmaeel Hasham Firouz, the export-import director of the National Iranian Oil Products Distribution Company (NIOPDC), said the Islamic Republic has begun to ship excess natural gas supplies as LNG to the three African countries. He said the […]

Linde, Mitsui plan $4bn investment in Iran

By John Lee. German industrial gases company Linde and Japan’s Mitsui Chemicals are planning to invest $4 billion into petrochemical projects in Iran. Linde is considering investment in several Iranian projects, including Damavand Petrochemicals, in cooperation with Japan’s Mitsui, Marzieh Shah-Daei projects director at the A spokesperson for the National Petrochemical Company (NPC) told Press […]

Iran seeks Investors for LNG Plant

By John Lee. A senior Iranian gas market official has told Argus that Iran has initiated discussions with foreign companies for the sale of some shares in an LNG (liquified natural gas) export project, which it hopes will be revived once sanctions on the country are lifted. Mostafa Sharif, of the state-owned gas firm NIGC‘s […]

Linde Interested in Iran Petrochemical Market

German industrial gases giant Linde says it enter Iran’s petrochemical market once the country’s Joint Comprehensive Plan of Action (JCPOA) is implemented. According to a report from Shana, board member Christian Bruch (pictured) told a panel meeting at the 12th Iran Petrochemical Forum in Tehran: “Iran’s petrochemical sector, given its unparalleled potentialities, can be the […]

Linde Group Eyes Return to Iran

By John Lee. The Chief Executive Officer of Germany’s Linde Group has said Iran’s petrochemical industry is in an ‘acceptable’ state, but needs to be upgraded in some areas. In an interview with Shana, Wolfgang Buchele (pictured) told Shana during a Tehran visit in July. “We learned today there is an intention of the Ministry […]