Tuesday, 2 June 2009

Iran to go ahead with plans to pump, export more gas

Iran is pushing ahead with plans to pump and export more gas, and could award contracts to build a cross-border pipeline to Pakistan and develop another phase of its biggest offshore gasfield in coming weeks.

Tehran could award the main construction contract for a 2,100km gas pipeline to supply Iranian gas to Pakistan “maybe within a month”, Seyed Mehdi Hosseini, the adviser to the managing director of Iranian Offshore Engineering and Construction, said on the sidelines of a energy conference in Abu Dhabi.

Most of contract terms and conditions had already been decided, he added, without disclosing the contract’s recipient.

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