(Reuters-ABC News) Daniel Fineren - Iran is unlikely to become a big exporter of natural gas unless China can develop tricky technology to liquefy the country's massive gas reserves. New EU bans on supplying energy equipment make it almost impossible for Tehran to get full-scale liquefaction (LNG) technology from Germany's Siemens, with the only other process patented by U.S. industrial giant GE already off limits under U.S. laws. "Without access to Western liquefaction technology, it will be nearly impossible for Iran to move any LNG projects forward," said Andrew Clayton, an analyst at PFC Energy in Washington.
2010-08-20 08:44:46Full ArticleBACK Visit the Daily Alert Archive