Iran to supply LNG to China
Afp, Tehran
Iran's state-owned gas exports company has agreed to supply Chinese company PetroChina with about three million tons of liquefied natural gas (LNG) a year, news agency Shana said Sunday. The supply will be for 25 years beginning in 2011, the report said. "According to the agreement, three million tons of LNG will be exported (annually) by Pars LNG project for a 25-year period to the Chinese market starting early 2011," NIGEC official Majid Zamani was quoted as saying. In April 2004, Iran awarded the 1.2 billion dollar Pars LNG project to French oil giant Total.
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