Project Profile
Value: US$500 Million
Startup Year: 2017
Location: Straits of Hormuz, Qeshm Free Area
The project will see the construction of a plant, which will be developed in two phases:
Phase one: 1.15 million tpa LNG liquifaction facility. LNG to be sold to two industrial companies in India, East Africa (Kenya) and Indonesia.
Phase two: 2.30 or 3.5 million tpa (to follow)
Qeshm island is part of the Iranian governments Free Enterprise Zone to target foreign investment.
Operators:
Liquefied Natural Gas Ltd.
Golar LNG Limited
Civil Pension Fund Investment Fund (CPFIC)