With growing demand for LNG and transportation fuels such as diesel, and concerns about climate change and emission cost, this paper introduces new value chain design for LNG and transportation fuels and respective business cases for Iran, taking into account hybrid PV-Wind power plants. The value chains are based on renewable electricity (RE) converted by power-togas (PtG) or power-to-liquids (PtL) facilities into SNG (which is finally liquefied into LNG) or synthetic liquid fuels, mainly diesel, respectively. The RE-LNG or RE-diesel can be shipped to everywhere in the world. The calculations for the hybrid PV-Wind power plants, electrolysis, methanation (H2tSNG) and hydrogen-to-liquids (H2tL) are done based on both annual full load hours (FLh) and hourly analysis. Results show that the proposed RE-LNG or RE-diesel value chains are competitive for crude oil prices within a minimum price range of about 118-187 USD/barrel (24 – 31 USD/MBtu of LNG production cost) and 102-168 USD/barrel (0.68 – 0.86 €/l of diesel production cost), depending on the chosen specific value chain and assumptions for cost of capital, available oxygen sales and CO2 emission costs. RE-LNG or RE-diesel could become competitive to conventional fuels from an economic perspective, while removing environmental concerns. The RE-PtX value chain needs to be located at the best complementing solar and wind sites in the world combined with a de-risking strategy. This could be an opportunity for Iran to use its abundant source of solar and wind and the available conventional fossil fuel transportation infrastructure to export carbon neutral hydrocarbons around the world where the environmental limitations on conventional hydrocarbons is getting tighter and tighter.