Showy MoUs Have Grounded Iran LNG Project

Showy MoUs Have Grounded Iran LNG Project

The Iran LNG project, which began in the 1980s with the aim of making Iran a major player in the global liquefied natural gas market, is now facing numerous technical and economic challenges. Despite the signing of a new memorandum of understanding between the Iranian Natural Gas Liquefaction Company and the Petroleum Industries Engineering and Construction Company, experts believe that without cooperation with Western companies, the implementation of the project will be impossible.

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52% of Iran’s dam reservoirs were filled

52% of Iran’s dam reservoirs were filled

This year, from the beginning of September to August 24, the total height of the country's atmospheric precipitation is equal to 249.8 mm; This amount of rainfall has increased compared to the average of similar long-term periods of 243.9 mm.