LNG Sales to Raise NIOC Revenues by $5 Billion 

The completion of Iran’s largest liquefied natural gas venture, known as "Iran LNG", will help the National Iranian Oil Company earn $5 billion in revenues via exports, the head of the Iran Liquefied Natural Gas Company said.
“Close to $2 billion have so far been invested in the initiative that has made 40% progress,” Hadi Amir-Qashqaei was also quoted as saying by the Oil Ministry’s news service.
“The facility will have the capacity to produce 5 million tons of LNG annually,” he added, noting that Qatar is planning to increase its annual capacity to 120 million tons.
As per the deal signed between Iran LNG Company and NIOC last week, the former was tasked with collecting associated petroleum gas from West Karoun oilfields and converting them to LNG and storing it in cylinders.