Trilateral Deal for Iran’s 1st Small-Scale LNG Plant

EghtesadOnline: Iran Liquefied Natural Gas Company will collect associated petroleum gas from West Karoun oilfields and convert them to LNG and store it in cylinders.

News ID: ۷۵۲۲۵۳

12 February 2023

The National Iranian South Oil Company (as the employer), the Oil Industry Pension Fund Investment Company (as the contractor) and Iran Liquefied Natural Gas Company (as the operator) have signed an agreement for the construction of Iran’s first small-scale LNG plant in Karoun Oil and Gas Production Company near Ahvaz in Khuzestan Province, the head of the state-run NISOC said.

“As per the deal, Iran LNG Company was tasked with collecting associated petroleum gas from West Karoun oilfields and converting them to LNG and storing it in cylinders,” Alireza Daneshi was also quoted as saying by ILNA.

Because of its limited production capacity, mini LNG plants are suitable for supplying small volumes of liquefied gas to remote regions using tankers and ships, he added.

Daneshi said the production capacity of mini LNG plants varies from 2,000 to 500,000 tons a year.”