It will invest $50 billion from 2010 until 2020 on LNG projects.

LNG projects require new technology solutions and, therefore, discussions with foreign partners must now begin.

Apart from LNG projects, I think, foreign partners may be offered more challenging satellite fields around large structures.

"For example, Shell asks for 22-31pc of all new LNG projects."

Currently there are 4 major LNG projects under construction and a further 6 are planned.

Several LNG projects have begun on the island.

The double acting ship has also been selected as the main transportation concept for the Yamal LNG project.

Preparations of the Baltic LNG project started in 2004.

Sharma has been on the Peru - LNG project for the last five years.

Phases 12 development begin carried out by Petropars as a LNG project.