Syria Looks to Iran for LNG

Syria is keen on importing about 900,000 tons of liquefied natural gas from Iran, Managing Director of the Syrian oil refining and distribution company Nazih Jouhara said.

The Syrian official said that his visit to Asalouyeh is aimed at learning more about Iran's achievements and advances in the gas and petrochemical industries, Fras news agency reported.

Iran is striving to develop its LNG industry as it seeks to increase its share in rising energy consumers like India and China.

The country aims to become a major LNG supplier with an annual production capacity of 70 million tons by 2015. Iran has seven LNG production projects.

Iran shares the world's largest known gas deposit with Qatar, which can produce 77 million metric tons of LNG a year and is the biggest exporter of the fuel.