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Forouzan

Cancelled

Project Details

CountryIran
LocationForouzan Oilfield
Terminal TypeLiquefaction (Export)
Rig TypeFLNG
Capacity1 mtpa / 1.4 bcm
Trains-
Start Date-
Cost (US$bn)1
Origin-
Destination-
OwnersNational Iranian Oil Company (NIOC) {Iran}
Buyers-

Status Notes

March 2026 - Project effectively cancelled. US-Israel war on Iran commenced 28 February 2026 renders any near-term development impossible. Project had been stalled since 2015 with no FID taken; NIOC has no capacity to advance under active conflict. Iran and France have reached a final agreement on setting up the terminal in December 2015

Last reviewed: 01 Aug 2023