GTL SHIRAZ

GAS

NGTLIC has successfully negotiated and signed a twenty five years gas contract with The National Iranian Gas Company (NIGC). This is by far the most difficult component of the package to obtain. As such the company has entered into a contract agreement with the NIGC, which would lead to a long term gas contract based on the gas price formula set by the government. In this agreement 133,000 cubic meters of gas per hour (over 3.2 million cubic meters per day) has been secured for the plant.

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