Iran boosts LPG exports to Syria

Azerbaijan, Baku, Jul.8/ Trend F.Milad/

Iran has increased liquefied petroleum gas (LPG) exports to Syria as the Arab nation is under pressure of international sanctions, the managing director of the National Iranian Oil Products Distribution Company stated.

Jalil Salari told the Mehr News Agency that the Syrian administration is grappling with the shortage of fuel, especially LPG and gas oil.

Managing Director of the Syrian oil refining and distribution company Nazih Jouhara announced in April that his country aims to import liquefied natural gas from Iran, adding that Syria is in need of importing 900,000 tons of LNG annually.

He said Syria imports two million tons of gasoline and diesel fuel per year.

The Syrian oil industry has lost around $4 billon due to sanctions imposed in September which banned crude oil imports from the country, Syrian oil minister Sufian Alao said in May.

Syrian state news agency SANA quoted him as saying: "The Syrian oil industry lost about $4 billion as a result of unjust European and American sanctions and impediments that they imposed on the export and import of petroleum and petroleum derivatives since the beginning of September."

Iran exported some 43 million liters of oil products, including kerosene, jet fuel, diesel oil and gasoline, in the past calendar year, which ended on March 19.

Salari said that the country earned nearly $10 billion through exporting oil products.

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