He said under the project the factory for liquidification of natural gas will be financed by the investor and on the one hand the contractor company will implement and build it and a third company will guarantee extract of the LNG consignments.
The NIGEC top official said European companies and strong Asian companies call for implementation of the Iran LNG project, said the official, adding that definitely, the best bid offered by the companies will be taken into consideration.
Kogas is a big South Korean gas company, established in 1983 and is a main company importing LNG worldwide.
Managing Director of the NIGEC predicted that by the next three months, Iran LNG Due Diligence technical assessment will be over.
The factory for liquidification of natural gas is getting established in Tombak region 50 kms northwest of Assalouyeh and 15 kms southeast of Kangan-Pars 2 (Tombak).
“On the one hand, Iran can export LNG consignment to Europe via Suez Canal within 12 to 14 days – something similar to exports to China and markets even farther like Korea, Singapore and Japan. Supposing the prices go down further or even getting equal, there will be more motivation for export of LNG to Europe.”
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