Middle East Economic Survey
VOL. LIII
No 33
16-Aug-2010
IRAN
NIOC Reconsiders LNG Export Plans
National Iranian Oil Company (NIOC) Managing Director Ahmad Qalebani has announced that the company is reconsidering its plans to produce and export LNG and would instead focus on increasing gas exports by pipeline. The petroleum ministrys Shana website on 7 August quoted Mr Qalebani as saying that gas export by pipeline was currently more economical, while LNG exports require huge investment, complex...
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