Legal- Commercial Challenges of LNG ‎Projects in Iran

Although economic sanctions over the past two decades have created a serious obstacle to the implementation of LNG projects in our country, but the realization of these projects seems to face some other legal and commercial challenges. The multiplicity of laws and regulations in this area and the lack of a coherent law for the management of LNG projects and contracts and the subsequent issues such as integration or non-integration of the LNG project with upstream activities as well as doubts in the legal framework of these projects can be the source of some ambiguities and, along with some other legal restrictions, increase the risk of these projects. Challenges arising from rapid and profound developments in industry, market, trade and LNG sale and purchase agreements are also among the issues that can affect the implementation of LNG projects in Iran and so must be considered in the correct structuring of future LNG projects in our country.