Iran says its signed a novel agreement to sell gas slated for delivery as super-cooled liquefied natural gas. File photo by Maryam Rahmanian/UPI Oct. 26 (UPI) — An Iranian energy company said it signed its first-ever deal for the sale of gas slated for foreign delivery as super-cooled liquefied natural gas. SHANA, the Iranian oil ministry’s news website, said the National Iranian Oil Co. and a consortium controlled by Iranian and Norwegian companies signed the agreement for LNG. “The gas will be delivered by the floating liquefaction unit Caribbean FLNG, owned by Belgium’s Exmar, with 500,000 tons of LNG production capacity annually,” the report read. LNG has more options for delivery than conventional natural gas, which is bound by transnational pipelines that are sometimes exposed to geopolitical risk. The announcement comes one week after Pars Oil and Gas Co., the National Iranian South Oil Co., and a handful of […]