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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60% of the capacity of Iran’s dams were filled

60% of the capacity of Iran’s dams were filled

Currently, despite the 30 billion and 80 million cubic meters of water stored in the dams of the country, 60% of the capacity of the reservoirs of the dams is full and 40% of this capacity is empty.