Iran gas, petrochemicals monthly exports hit $1.2 billion
Baku, Azerbaijan, Nov. 26
By Rahim Zamanov - Trend:
Iran exported $1.2 billion worth of petrochemicals, gas condensates, polymer products and liquid gas in the eighth calendar month of the current Iranian calendar year (October 23 - November 22).
Based on the latest report released by the Pars Special Economic Energy Zone, the country exported over 1.5 million tons of petrochemicals and polymer products.
According to the report, Iran exported over 962,000 tons of gas condensates worth some $853 million from Assaluyeh port in the mentioned period.
Countries such as China, Japan, the United Arab Emirates, India, Afghanistan, Indonesia, the Netherlands, Belgium, Spain, Turkey, Romania, Taiwan, Thailand, Malaysia and Vietnam were the main destinations for Iran's petrochemicals and gas condensates.
It was previously reported that Iran exported $8.2 billion worth of petrochemicals, gas condensates, polymer products and liquid gas in the first six months of the current Iranian calendar year which started on March 21.
Tehran plans to export 17.4 million tons of petrochemicals worth around $13 billion by the end of the current Iranian calendar year (March 20, 2014).
Iran exported $4.841 billion worth of petrochemicals and polymer products to 60 countries in the first half of the year.
According to the report, Iran exported $3.385 billion worth of condensates in the past six months.
Iran seeks to increase its annual petrochemical exports to $40 billion in the near future.
Iran exported 14.4 million tons of petrochemical products worth 10.1 billion dollars in the previous calendar year, ended March 20.
The figure shows a 32 and 33 per cent increase in terms of weight and value respectively, compared to the preceding year, the Mehr News Agency reported.
The country exported 2.155 million tons of tar worth 1.09 billion dollars in the previous year which was 46 per cent more than its preceding year.
Iran's current petrochemical production capacity stands around 60 million tons.
Iran's petrochemical exports to China and African countries are on the rise.
China's imports currently account for 27.2 per cent of Iran's total exports. Europe with 6.5, Africa with 6.2, Middle East with 31.3, Far East with 18.5 and India with 10.3 are the other major destinations for Iranian petrochemicals.