Iran plans to ship 7.5 m tonnes LNG to India

Dubai, May 14: Iran plans to ship 7.5 million tonnes of liquefied natural gas (LNG) to India by 2009.

Shipping 30 million tonnes of LNG to India and China, Iran is seeking to acquire 20 special ships by 2015, Deputy Chairman of the Islamic Republic of Iran Shipping Lines for Trade Gholamhossein Golparvar has said, adding, Iran would need to invest five billion dollars for the LNG tanker acquisition up to the year 2015.

Mr Golparvar said Iran has 18.5 per cent of the world's gas reserves.

UNI