Iran details LNG liquefaction plans

06/04/2007
Iran’s government actively supports building the country’s natural gas liquefaction capacity as a means of commercializing production from its South Pars Phase 11-13 developments.This article examines the background for this effort and some of Iran’s competitive advantages before detailing the three liquefaction projects currently under way.BackgroundNatural gas follows oil and coal in share of the global energy market, currently providing 23% of the world’s energy needs.1 Its share, however, has been growing.Several factors have led to this growth, foremost among which have been: A sharp rise in proven natural gas reserves worldwide. The growing priority given by ...
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