Iran LNG Project Management Contract Awarded To Spain’s Socoin
The National Iranian Oil Company (NIOC) has awarded a €32.5mn contract to Spain’s Socoin for project management on the Iran LNG export scheme over a three-year period. Socoin is a subsidiary of Spanish gas and electric utility Union Fenosa, undertaking engineering and construction work in the gas/power sector. Ali Kheirandish, Managing Director of NIOC’s Iran LNG subsidiary said on 27 August that a four-part contracts package for construction of the gas liquefaction plant was expected to be ready for tender in February 2008. A contract for LNG and LPG storage facilities at the Iran LNG site was won by Daelim and Iran’s Khatam-al-Anbia (MEES, 12 February). NIOC has allocated the South Pars Phase 12 gasfield development to supply gas for the 10mn tons/year Iran LNG plant, with subsidiary Petropars preparing to begin development work and talks under way for Indian participation in addition to OMV’s 10% equity stake (MEES, 27 August). Indonesian state power utility PLN announced on 27 August that it had begun talks with NIOC for the supply of 4mn t/y of LNG.
Copyright MEES 2007.
