Iran: Revived LNG Project Is Almost 50% Complete

Construction works at Iran’s revived LNG project is almost 50% complete, the Islamic Republic claims.    “Progress at this project now stands at almost 50pc,” Abdolhossein Bayat, chairman of oil industry pension fund investment company Opic, said, as quoted by Argus.   Works on the project in Iran’s southern province of Bushehr were restarted in March this year. The Iran LNG project is planned to have a capacity of 10.8 million tons per year. The Islamic Republic aims to have the project operational…