Kangan LNG Terminal
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Kangan LNG Terminal was a proposed LNG terminal in Bushehr Province, Iran. There have been no development updates in over four years, and the project is presumed to be cancelled as of 2022.[1]
Location
Project Details
- Owner: MahTaab Parto Kangan LNG Co.[2]
- Parent: Arian MahTaab Gostar Company[3]
- Location: Tombak Port, Asaluyeh County, Bushehr Province, Iran
- Coordinates: 27.476111, 52.6075 (approximate)
- Capacity: 2 mtpa, 0.29 bcfd
- Status: Cancelled
- Type: Export
- Start Year: 2024[2]
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
Kangan LNG Terminal is a proposed LNG terminal in Bushehr Province, Iran, originally proposed under the name Persian LNG Terminal.[4] As of May 2022, MahTaab's website for the project remains active, with a commissioning date of 2024.[2] However there have been no development updates in over four years and the project is presumed to be cancelled.[1]
South Pars/North Field
Iran and Qatar own the South Pars/North Field, the world's largest natural gas field. This field plays a central role in Qatar and Iran foreign and domestic policy.[5]
Iran's South Pars gas field is one of the biggest gas fields in the world. Its development was stalled by years of Western sanctions beginning in 1979. The public justification for the sanctions was Iran's bid for nuclear weapons. [6] Economic sanctions delayed Iran's oil and gas technological development substantially.[5] The Qatar side of the field could export LNG by ship, while Iran remains unable to.[7] As of 2017, Iran lacked the capability to freeze its natural gas into LNG in order to load onto tanker ships for export. Iran aimed to increase gas output to 1 trillion cubic meters by 2018. In 2012, before sanctions, its output was at 160.5 billion cubic meters.[8]
In 2017 the French Owned Total signed a 20-year contract with the National Iranian Oil Company to develop phase 11 of South Pars.[5] Total became the first major Western oil company to sign an energy agreement with Iran's sanctions eased.
Articles and resources
References
- ↑ 1.0 1.1 Introduction. MahTaab Parto Kangan. Accessed May 2022.
- ↑ 2.0 2.1 2.2 Kangan LNG. MahTahb. Accessed May 2022.
- ↑ Companies. MahTaab. Accessed May 2022.
- ↑ Persian LNG Terminal, Company, accessed April 2017
- ↑ 5.0 5.1 5.2 Susan Kurdli,The energy factor in the GCC crisis Al Jazeera, July 28, 2017.
- ↑ Bate Felix, France's Total seeks stake in $4 billion Iranian gas field project Reuters, March 17, 2017.
- ↑ Juan Cole, Is the Saudi Boycott of Qatar Driving It into the Arms of Iran? The Nation, July 28, 2017.
- ↑ Oleg Vukmanovic and Bate Felix Geoscience warns of supply issues for 20-year LNG contracts Reuters, February 27, 2017.
