No. 09



BP And Reliance Join NIOC In $10Mn LNG Feasibility Study

BP and Indias Reliance have signed a memorandum of understanding with the National Iranian Oil Company (NIOC) for a $10mn feasibility study of a two-train 8mn tons/year capacity LNG export scheme in Iran. MEES understands that the study is expected to take 9-12 months. The main target market for the LNG is expected to be India, where both BP and Reliance are involved in consortia which are studying LNG...