No. 27



BG Unwilling To Settle For 10% Of Proposed Iran LNG Project

Britains BG International is expected to withdraw from discussions with the National Iranian Oil Company (NIOC) over taking a stake in a proposed liquefied natural gas (LNG) export project if it cannot secure more than the 10% currently on offer, MEES learns. BG has been holding talks with NIOC with a view to taking a share in a $10mn feasibility study into an Iranian LNG project after NIOC decided to...