Wärtsilä to develop power generation, LNG infrastructure in Iran

Wärtsilä to develop power generation, LNG infrastructure in Iran
Image courtesy of Wärtsilä

Wärtsilä of Finland signed a memorandum of understanding with Industrial Development & Renovation Organization of Iran to develop decentralized power generation in Iran.

According to Wärtsilä’s statement, the MoU includes the development of power plant operations and maintenance services as well as related LNG infrastructure.

Wärtsilä will provide relevant expertise and resources to support IDRO in its objective to improve the infrastructure and develop the Iranian industry. In a second

In the second phase, the cooperation will be extended to the marine sector and the Iranian shipping industry, Wärtsilä said.

IDRO, the largest industrial corporation in Iran, currently owns more than 120 subsidiaries and affiliated companies operating both domestically as well as internationally.

The country plans to investment more than one hundred billion USD in its oil and gas industry in the next 5 years. The nominal capacity of power generation in Iran is planned to grow by more than 25 gigawatts in the coming 5 years

Share this article

Follow LNG World News

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

GIE Annual Conference 2019

The French gas infrastructure operators ELENGY, GRTgaz and Storengy are looking forward to be your hosts in 2019.

read more >