Iran buys 17 LPG tankers in 2 years

Business Materials 29 June 2015 12:48 (UTC +04:00)

Baku, Azerbaijan, June 29

By Fatih Karimov - Trend: Iran has bought 17 tankers for carrying liquefied petroleum gas (LPG) over the past two years, said Mohammad Souri, the advisor to the Iranian oil minister for strategic affairs.

"In the past, we could not export a portion of LPG and petrochemical products because of a lack of tankers. But, joining 17 new tankers to the national fleet has enabled us to boost exports of such products," Iran 's Shana news agency quoted Souri as saying June 29.

He added that the National Iranian Tanker Company purchased five of the tankers and the rest were bought by the private sector.

Iran boosted exports of LPG sharply in the past Iranian fiscal year, which ended on March 20.

According to the Iranian Customs Administration, Iran exported $2.279 billion of liquefied propane, an 84 percent rise year on year. The country also exported $1.5 billion of liquefied butane, a 43 percent rise year on year.

Edited by CN