Iran’s Pars Special Economic and Energy Zone’s gas condensates exports up 76 per cent

Azerbaijan, Baku, Apr.28/ Trend R.Zamanov/

Some 611,655 tons of gas condensate worth $541.8 million have been exported from the Pars Special Economic and Energy Zone (PSEEZ), south of Iran, in the first month of current Iranian calendar year, which ended on April 20, managing director of Pars Special Economy and Energy Zone Ahmad Pourheydar said.

The amount shows 76 per cent increase compared to the same period of previous year, the IRNA News Agency quoted Pourheydar as saying.

Nearly 1.262 million tons of non-oil goods (including gas condensates) worth $987.46 million were also exported from PSEEZ during the mentioned period.

China, Japan, the United Arab Emirates, India, Indonesia, Netherlands, Belgium, Spain, Turkey, Romania, Taiwan, Thailand, Malaysia, Vietnam, and Afghanistan were the major destinations, Pourheydar added.

He went on to note that some 8,582 tons of goods worth over $244.1 million were also imported to PSEEZ in the first month of current year.

Some 8.58 million tons of gas condensates worth $7.532 billion have been exported from the Pars Special Economic and Energy Zone (PSEEZ), south of Iran, in the previous Iranian calendar year, which ended on March 20.

Nearly 16.9 million tons of non-oil goods (including gas condensates) worth $13.8 billion were also exported from PSEEZ during the mentioned period.

Some 598,569 tons of goods worth over $2.35 billion were also imported to PSEEZ in the previous year.

PSEEZ is a special economic zone, which was established in 1998 for the utilization of South Pars oil and gas resources. Goods can be brought in duty free, but cannot leave the PSEEZ and enter the rest of Iran. This is to encourage construction within and development of the PSEEZ.

The PSEEZ as it is known has been allocated 100 square kilometers of land at Asaluyeh for the various complexes and facilities. The site is a collection of different plants and refineries (known as "phases") and is administered by the PSEEZ agency onsite.

A total of 27 phases are envisaged (12 gas, 15 petrochemical), plus a mix of light and heavy industry, and associated support facilities such as factories and warehouses.

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