BP seeks role in Iran LNG exports to India
BP Plc wants to produce LNG in Iran and play a role in exports to India, BP's Iran director David Dalton said. BP is very interested in investing in Iran and is also very interested in a number of both oil and gas projects, Dalton said, pointing out that BP's role in Iran has so far been limited to downstream projects.
"On the gas side, we are interested in looking at South Pars and seeing whether we can work to produce liquefied natural gas and export it to India," he said, referring to the large offshore field shared by Iran and Qatar. BP had been working in partnership with National Iranian Oil Co. and with Reliance to do a feasibility study on LNG exports, he said.
Dalton added that BP, along with TotalFinaElf and ENI SpA, was bidding for contracts in the 11th and 12th phases of the South Pars project, the results of which are due to be announced soon.
Iran, which has the world's second largest gas reserves after Russia, plans to build a gas pipeline for exports to energy-hungry India.