Germany-Iran-Gas
A German company is to build three liquefied gas plants in Iran, worth 100 million euros, the daily Siegener Zeitung newspaper reported Wednesday.
The technical firm Steiner has received an order from Iran to construct the liquefied gas installations as each of them is expected to have a production capacity of 10,000 barrels per day.
The final assembling of the plants will be done at a location in southern Iran, according to the paper.
Based in the German city of Siegen, Steiner is also involved in building chemical and petrochemical plants in several other countries, among them Qatar, Saudi Arabia, China and Russia.
German firms have actively eyed Iran's growing petrochemical sector in recent years, in a bid to increase their market presence in that country.