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Iran can Play a Role in LNG Market

 Iran can Play a Role in LNG Market

Sunday، 21 October 2018 | Article Rating

TEHRAN (Shana) -- The head of the market analysis section of the Gas Exporting Countries Forum (GECF) said Iran could play the role of liquefied natural gas (LNG) and FLNG markets in Asia, especially in India and China.

 

In an address at a panel on the second day of the 4th Iranian Petroleum and Energy Club Congress & Exhibition in Tehran on Wednesday, Mahjoobeh Balefa said, "Our view is that we can develop gas as a fuel of selection for people, because gas is more affordable and cleaner."

"Our goal at GECF is to support members and increase the value added of their gas reserves; in fact, we are seeking energy security," she said.

The policy of removing coal-run power plants in the Netherlands and France, and imposing carbon taxes, will open up more space for boosting natural gas consumption, she added.

She said Iran could increase its production capacity to meet its market demand and value added given its massive reserves.

Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.​

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