Iran to equip oil and gas terminals with precise metering systems
Baku, Azerbaijan, Feb. 1
By Fatih Karimov - Trend:
Iran will equip its oil and gas terminals with precise metering systems.
Mohammad-Ali Emadi, an official with the National Iranian Oil Company, said over the past years, there was a considerable difference between the volume of crude oil and gas condensate which were loaded at terminals and the real volume of the products which were exported, Iran's Shana news agency reported on Feb. 1.
According to a national plan, 70 crude oil and gas condensate export terminals will be equipped with precise metering systems over the course of 30 months.
The international organizations' statistics says that Iran's crude oil export increased by about 100,000 barrels per day to 1.1 mb/d in 2014.
The country's total NGLs export was less than $400 million during last year.