Iran News ...


12/28/05

British, French and South Korean companies among bidders for Iran's LNG project

London, Dec 28, IRNA-Whessoe Oil & Gas of the UK is rivaling Technigaz of France and South Korea's Daewoo Engineering and Construction in the early tendering for an LNG project in Iran.

According to Middle East Economic Digest, the three companies submitted technical bids last week for an estimated dlrs 200 million contract covering three liquefied natural gas (LNG) storage tanks and two liquefied petroleum tanks at Tombak on the south-west coast.

No date has been set for the submission of commercial bids, but the next stage on starting technical clarification on the implementation of the project is expected in late January, the London-based weekly reported.

The contract is part of a Pars LNG project, made up by a consortium of the National Iranian Gas Export Company and Total of France, which plans the construction of two LNG trains with capacity of 5 million tones a year.

Whessoe, which started as a key railway contractor in Darlington, northern England over 200 years ago, transferred its concentration to the growing gas and petroleum industry at the end of the 19th century.

After being acquired by the Al Rushaid Group in 2004, it became part of the largest oil and gas service company in the Middle East, allowing the company to offer a total service capability to the industry.

... Payvand News - 12/28/05 ... --



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