Iran's LNG tankers crucial for success in oil industry


(MENAFN) Iran has signed up initial contracts with South Korean, German and Chinese top shipbuilders to construct high-tech LNG tankers for the oil rich country.

The move comes as the country pushes to join the club of liquefied natural gas exporters, and take its rightful place among the big earning players in the industry.

According to the joint deal, overseas giant shipbuilders would help and support Iran on building state of the art LNG carriers in shipyards along its Persian Gulf coasts.

Iran already owns the world's biggest fleet of oil supertankers consisting of 42 VLCCs, each able to carry 2 million barrels of oil, but things are about to get more serious.


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