National Iranian Gas Exports Company managing director, Ali-Reza Kameli, has explained the need for acquiring liquefied natural gas (LNG) technology in order to win a share in international export markets.
“Access to LNG industry will increase our share of gas trade and will push us closer to our main objective, which is acquiring a 16% share in gas trade,” Kameli said.
He added that Petroleum Minister Bijan Namdar Zanganeh has called for more work on LNG projects in the light of Iran’s future gas production.
Iran’s top priority would be delivering gas to neighboring countries: “When gas production from South Pars increases, we will have two choices: supplying domestic gas needs and gas exports to neighboring countries and the second option will be converting gas to LNG.”
While acknowledging that LNG projects will take time to develop, Kameli explained that Iran, which holds the world’s largest gas reserves, could not limit its exports to pipeline.
“Entry to LNG markets requires access to new technologies,” he said.
Adapted from press release by Katie Woodward