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Gas exports from Assalouyeh to earn dlrs 5 bn a year

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  • Gas exports from Assalouyeh to earn dlrs 5 bn a year

    Islamic Republic News Agency, Iran
    June 9 2005

    Gas exports from Assalouyeh to earn dlrs 5 bn a year

    Assalouyeh, Bushehr prov, June 9, IRNA

    Iran's gas exports from Assalouyeh region will earn the country as
    much as five billion dollars a year.

    Managing Director of National Iranian Gas Company Roknoddin Javadi
    told IRNA that his company had finalized talks with foreign companies
    for export of 20 million tons of LNG and contract on export of an
    additional 7.5 million tons will be signed in the next few days.

    Javadi said the contract for transfer of gas to the UAE, Azerbaijan
    and Armenia through pipeline is finalized and talks are underway for
    conclusion of three more contracts.

    Once the contracts are enforced Iran's annual LNG exports will earn
    it as much as dlrs 3.5 to four billion and exports through pipelines
    will fetch about one billion dollars a year.
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