Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Iran sign for construction of hi-tech LNG tankers

byCustoms Today Report
10/11/2015
in Latest News
Share on FacebookShare on Twitter

You might also like

Finance minister discusses REITs growth with stakeholders

02/05/2026

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

02/05/2026

TEHRAN: Iran has signed preliminary agreements with shipbuilders from South Korea, Germany and China for the construction of high-tech liquefied natural gas (LNG) tankers, as the country aims to become a leading exporter of LNG, a report said.
“A memorandum of understanding (MoU) has been signed with a respectable German company which possesses the technology to build LNG tankers. Preliminary accords have also reached with several South Korean and Chinese firms,” Esmaeil Sadeqi, project manager, was quoted as saying in the Iran Daily report, citing Press TV.
Based on the plan, foreign shipbuilders would help Iran construct LNG carriers in shipyards along its Gulf coasts, he added.
Iran has already prepared two dry docks in Bandar Abbas to design and build natural gas delivery vessels, Sadeqi said.
He noted that the possibility of building LNG tankers and Very Large Crude Carriers (VLCCs) exists in the country. Hence, the planning to set up grounds for the construction of LNG vessels in cooperation with a foreign company.
Iran’s sprawling shipbuilding industry is chiefly devoted to constructing oil tankers and container ships as well as other maritime structures. The country owns the world’s largest fleet of oil supertankers consisting of 42 VLCCs, each able to carry 2 million barrels of oil. Said the report.
For LNG tankers, however, there is no established infrastructure and the country has to start from scratch. Sadeqi said, through transfer of technology, we can begin constructing LNG carriers which involves a complex technology.

Tags: Iran sign for construction of hi-tech LNG tankers

Related Stories

Finance minister discusses REITs growth with stakeholders

byCT Report
02/05/2026

ISLAMABAD:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday chaired a virtual meeting of the Focus Group to...

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

byCT Report
02/05/2026

LAHORE: Prime Minister Shehbaz Sharif held a meeting with Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin...

CM’s advisor Ali Mustafa Dar unveils AI governance plan

byCT Report
02/05/2026

RAWALPINDI: Advisor to the Chief Minister of Punjab on Artificial Intelligence and Special Initiatives, Ali Mustafa Dar, has announced that...

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

Next Post

Guyana: PSC writes AG over Financial Institutions Bills; proposes amendments

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.