LNG exports favored over pipeline gas

November 6, 2006 - 0:0
TEHRAN, Nov. 5 (MNA) — Gas exports in LNG (liquefied natural gas) form is more appropriate than exportation via pipeline, Reza Kasaiizadeh, the managing director of the National Iranian Gas Company (NIGC) said here on Sunday.

Talking with the Mehr News Agency, he stipulated that LNG export, due to its flexibility, is easier than those of pipeline as far as the destination and transportation are concerned.

The country holds second largest natural gas reserve in the world and it seems more reasonable to pursue the development of LNG industry to attain a proper share in global markets.

Iran currently mulls over gas exports to India as well as Europe. FK/ML/MA END MNA