VOL. XLIV
No. 09
26-February-2001
IRAN
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...
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