S. Korea plans to build liquefied natural gas plants in Iran

S. Korea plans to build liquefied natural gas plants in Iran

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

An agreement was signed in South Korea’s Busan last week and the construction of the plant could begin within the next four years, Press TV reported on Sunday.

A consortium from Iran and South Korea will be involved in the scheme, said Saeed Pakseresht, Director for research and development affairs of the National Iranian Gas Company (NIGC).

“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,” Xinhua quoted Pakseresht as saying. Read More…

 

 

 

 

Credit By: India

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