Developers outline fast-track plans for Iranian LNG plant

Perth-based Liquefied Natural Gas Ltd. is planning to accelerate development of its 3.45 million tonnes/year Qeshm LNG project in Iran.

Dec. 20, 2006

Rick Wilkinson
OGJ Correspondent

MELBOURNE, Dec. 20 -- Perth-based Liquefied Natural Gas Ltd. is planning to accelerate development of its 3.45 million tonnes/year Qeshm LNG project in Iran.

The Qeshm Island liquefaction plant, expected to deliver its first LNG shipment in first quarter, 2010, is being developed in partnership with Civil Pension Fund Investment Co. Iranian.

The plant will be developed in three phases: First phase plans call for a 1.15 million tonnes/year train in first quarter, 2010.

Developers are working with Iranian authorities to select a plant site and to finalize an LNG sales agreement.