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Lurgi

Lurgi

Industry: 
Engineering
States: 
TN
Country: 
Germany
Contact Information: 
Sources: 

"Minister of Petroleum Bijan Zangeneh says Iran plans to splash out $180 billion to revive and renovate its oil, gas and petrochemical industries by 2022. Addressing an energy security summit in Berlin, the minister said Iran has always been a reliable energy supplier, adding the country wants to regain its position in the energy market... Zangeneh held important talks with German leaders, including Energy Minister Sigmar Gabriel on Thursday. The minister was reportedly set to hold more talks with energy giants, including Siemens, Linde and Lurgi, about the release of Iranian LNG equipment and parts seized by German companies under the European sanctions regime. According to Zangeneh, Germany was Iran's prime energy partner in the downstream oil industry as well as its petrochemical, refinery, turbines and industry parts sector before sanctions. The three energy companies have a history of two decades of operation in Iran's giant South Pars gas projects." (Press TVIran plans $180 billion energy investment, 5/7/15)

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Several renowned German companies are involved in major Iranian infrastructure projects, especially in the petrochemical sector, like Linde, BASF, Lurgi, Krupp, Siemens, ZF Friedrichshafen, Mercedes, Volkswagen and MAN. (Payvand News, "Iranian exports to Germany rose 50% last year", December 8, 2008)

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Lurgi has also agreed to supply its MTP technology to Fanavaran Petrochemicals at Bandar Imam, Iran. That project is also experiencing delays, sources say. (Chemical Week, Chinese Firm to Commercialize MTP Technology, Natasha Alperowicz, November 17, 2008)

Response: 

No response at this time.

Engineering firm involved in major Iranian infrastructure projects, especially in the petrochemical sector. Does business in Iran through the Fanavaran Petrochemical Complex, with which it struck a €115 million methanol-conversion deal in 2010.