Baku, Azerbaijan, Aug.26
By Fatih Karimov - Trend:
Iran exported around $7 billion of gas condensates from Pars Special Economic and Energy Zone (PSEEZ) in the past 12 months.
Khodadad Rahimi, director of PSEEZ, said 8.36 million tons of condensates, valued at $6.96 billion were exported in the past 12 months, ending on August 25, Iran's IRNA news agency reported on August 26.
Gas condensate exports rose by 3 percent in weight and 11 percent in value year on year (Iran's fiscal year began on March 20), he added.
China, Japan, the UAE, India, and Turkey were the top five destinations for Iranian gas condensates, he noted.
Iran produces a little more than 0.4 million barrels per day of gas condensate.
After imposed sanctions in mid-2012, the country's gas condensate exports decreased from 260,000 barrels to below 195,000 barrels per day, but after implementation of interim nuclear accord in January 20, Iran boosted the export of condensates.
The Custom's reports indicates that Iran sold 9.741 million tons (equals about 448,000 barrels per day) from January 20 to July 20, when the 6-month interim nuclear accord was extended again.
The Custom reports also indicates that during last 12 months, the country's total gas condensate exports amounted at 17.025 million tons, equals to 392,000 barrels per day.