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Iran exports over 500,000 b/d of oil products in 2015

Oil&Gas Materials 23 June 2016 14:32 (UTC +04:00)

Baku, Azerbaijan, June 23

By Emil Ilgar - Trend:

Iran exported 514,300 barrels per day (b/d) of petroleum products (including gas condensate and natural gas liquids) in 2015, of which 7,000 b/d was supplied to Africa and the remaining volume to Asian markets, OPEC Annual Statistical Bulletin said on June 22.

The country's petroleum products imports and exports increased by 9 percent and 31.7 percent respectively year-to-year, said the report.

The country also exported 1.081 million barrels per day of crude oil. Some 110,000 b/d of that amount was exported to Turkey.

The report said that price of Iranian oil decreased from $96.18 in 2014 to $48.8 in 2014, pushing down the country's total petroleum export revenues from $53.562 billion to $27.3 billion year-to-year.

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