Years Needed for Iran to Materialize LNG Projects: EIA

摘要

In the latest report on Iran released by the U.S. Energy Information Administration (EIA) said it would take years before Iran's LNG projects will be materialized mainly due to the U.S. and EU sanctions that made it impossible to obtain financing and to purchase necessary technology. As a matter of fact, the projects planned by National Iranian Oil Company (NIOC) were all abandoned because of withdrawals of foreign investors.