Baku, Azerbaijan, Apr.9
By Fatih Karimov - Trend:
Five European countries have purchased natural gas and petrochemicals from Iran in the past Iranian calendar year, which ended on March 20.
The Netherlands, Belgium, Spain, Turkey, and Romania purchased the Iranian gas and petrochemicals, Iran's Mehr news agency reported on April 9.
Iran exported over 14.3 billion worth of petrochemicals, liquefied gas, and gas condensates past year.
Exports of gas condensates rose 18 percent in value and 6 percent in volume compared to its preceding year.
China, Japan, the United Arab Emirates, India, Indonesia, Thailand, Malaysia, Vietnam, and Afghanistan were the main buyers of condensates and petrochemicals from Iran.
Iran has exported averagely 504,000 barrels of gas condensate per day, since achieving an interim nuclear accord with P5+1 group in November 2013.
Iran Custom Administration released a detailed 229-page report about the country's trade turnover during last Iranian calendar year.
Iran's average condensate exports after nuclear deal is 258 percent more than before.
The U.S. and EU imposed tough sanctions over Iran's banking system as well as whose which targeted oil and petrochemical products exports in mid-2012, but some of sanctions, including petrochemical-related ones and insurance services for oil tankers have been eased due to nuclear deal obtained in November 24 and took effect on January 20.
Gas condensate is a type of light crude oil, which is extracted mostly from gas fields.
Iran's revenues from condensate exports reached $10.295 billion during last Iranian calendar year, indicates 15.93 percent increase, based on Custom reports.