Iran FLNG
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Iran FLNG is a proposed floating liquefied natural gas (FLNG) terminal in the Persian Gulf, Iran. There have been no development updates since the project was put on hold by its owners in 2017.[1]
Contents
Location
The FLNG is proposed for Kharg Island in the Persian Gulf.
Project Details
- Owner: National Iranian Oil Company (NIOC)
- Location: Kharg Island, Persian Gulf, Iran
- Coordinates: 29.235481, 50.31 (approximate)
- Capacity: 0.5 mtpa, 0.07 bcfd
- Status: Shelved
- Type: Export
- Start Year:
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
In October 2017, the National Iranian Oil Company (NOIC) signed a deal with IFLNG, a joint venture of Iran’s Kharg Gas Refining Company and Norway’s Hemla for building Iran’s first floating liquefied natural gas (FLNG) unit at Kharg Island in the Persian Gulf. An FLNG facility is a seaborne structure that would produce, liquefy, store and transfer LNG at sea before carriers ship it directly to markets.[1]
Based on the deal, the European firm was to construct an FLNG unit with a production capacity of 500,000 tons per year. The joint venture would purchase 200 million standard cubic feet of flared gas from offshore oilfields near Kharg Island over a period of up to 15 years. In its first phase, the site was projected to produce 500 metric tons of LNG and 200 tons of LPG per year.[1]
In December 2017 Iranian parliament’s energy committee said it had put the country’s FLNG deal with Norwegian Hemla Vantage on hold due to some issues regarding the contract terms. According to parliament energy committee spokesman Asadollah Gharekhani, a joint committee has been formed between oil ministry and the parliament’s energy committee to explore the issue.[1]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 "Iran’s first FLNG deal with Norway on hold," Tehran Times, December 19, 2017