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


<< Oct 2019 >>
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 3

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

LNG Bunkering Mediterrean

The only 3-day course offering theoretical and practical training on LNG bunkering designed by the Mediterranean market leaders.   

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >