1.
Sex tape spliced into graduation video
TEHRAN, June 3 (UPI) -- China is exploring a $1.2 billion deal with Iran to build six tankers in the coming years to transport liquefied natural gas, Iranian officials said.
Mohammad Souri, president of the National Iranian Tanker Co., said each LNG tanker was worth around $200 million. The project, he said, would likely be carried out within three years, the semiofficial Fars News Agency reports.
Iran is looking for export routes for its rich natural gas reserves in the face of tighter sanctions over its controversial nuclear program. LNG shipments are less politically sensitive than conventional natural gas pipelines.
Souri added that if Tehran comes through with the necessary credit for the Chinese LNG tankers, Iran could begin preparations for LNG exports as early as 2012.
China in 2009 signed a $3.35 billion deal with Iran for LNG production from the giant South Pars gas complex in the Persian Gulf, the largest in the world.
|
|
|
|
|
|
| Additional Energy Resources Stories | |
JUBA, South Sudan, June 1 (UPI) --
Sudan and South Sudan have agreed to resume negotiations aimed at ending a simmering conflict over disputed oil fields that both need for survival.
|
HUNTINGTON BEACH, Calif., June 1 (UPI) --
The U.S. military is eyeing ways of launching small satellites on-demand from launchers aboard aircraft.
|
FHA foreclosures rose 73 percent in April, driven primarily by defaults of loans made in 2008 and 2009 vintage loans, raising new questions about the solvency of the popular government program, which accounts for about a third of all new mortgages....
|
Just what the Republican strategists ordered: The unemployment rate ticked up in May to 8.2 percent, the Labor Department said.
|
| Stories | Photos | People | Comments |
View Caption
