Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Dana Gas, Iran Gas Imports

description

Dana Gas has announced that long-delayed Iranian gas imports may commence soon.  The 25 year, $1 billion contract was held up by gas pricing disputes and technical and construction difficulties on the Iranian side.  The National Iranian Oil Company indicated that it was ready to begin testing delivery.  Dana Gas is 21 percent owned by Crescent Petroleum, which has contracted to bring Iran's gas to the U.A.E. Dana Gas on the other hand will sell the gas locally.  Iran has said that the gas will come from the Salman gas field.  Iran hopes to begin production of 540 million cubic feet per day from the Salman field by February 11, 2010.   

Status

  • Current Status:
  • Discussion Date: Mon, 2010-02-01
  • Contract Date:
  • Completion Date:

Citation

1. "Dana Gas Says Iran Gas Imports Could 'Potentially' Commence", Zawywa, 1 February 2010, available at http://www.zawya.com/Story.cfm/sidZW20100201000027/Dana%20Gas:%20Iran%20....

2. "Dana Gas Sees Iran Exports starting in 2009", Reuters, 11 February 2009, available at http://www.reuters.com/article/idUSLB47022920090211.

3. "Tehran names Salman date", Upstream Online, 3 February 2010, available at http://www.upstreamonline.com/live/article205005.ece.

All projects by Dana Gas