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Paris-based Technipis close to taking the leading role in the engineering, procurement and construction (EPC) consortium selected for the Kharg island natural gas liquids (NGL) project. The company is expected to enter contract negotiations by mid-November with the client, Iran Offshore Oil Company (IOOC), and consortium partners Daelim Industrial Companyof South Korea and Sazeh Consultand Iran Marine Industries Company (Sadra), both local. The original consortium leader, Japan’s JGC Corporation, pulled out, citing material price inflation (MEED 8:10:04).