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Investor negotiations start for Iran LNG – NIGEC

European and Asian companies are considering investing in the completion of Iran’s first LNG plant, according to NIGEC European and Asian companies are considering investing in the completion of Iran’s first LNG plant, according to NIGEC.
By Verity Ratcliffe 12 May 2016 Middle East & Africa / LNG 0 20265
Iran LNG under construction. The project will cost up to $6-7 billion to complete. (Iran LNG Co.)

National Iranian Gas Export Co. (NIGEC) has entered discussions with six companies to secure the multi-billion dollar investment needed to complete the 10.5 mtpa Iran LNG plant.

Two European and four Asian companies have expressed interest in investing in the project, Ali Amirani, NIGEC’s director for marketing, sales and economic surveys, told Interfax Natural Gas Daily.

The companies will study the project before submitting proposals, and Iran hopes to secure a partner or consortium of partners within the next three or four months, said Amirani. International investors...