Iran’s monthly condensate export hikes by 190%
By Fatih Karimov – Trend:
Baku, Azerbaijan, Aug. 29
Iran’s gas condensate export increased by 189.5 percent to 1.434 million tons during the fifth calendar month (July 21-Aug. 21) of the current Iranian fiscal year compared to the same period of the preceding year.
The country’s gas condensate export during the first five months of the current fiscal year (March 20-Aug. 21) stood at 7.377 million tons, indicating a fall by 10.97 year-on-year, according to the Custom Administration’s latest monthly report released Aug. 29.
Iran’s revenues from condensate exports also decreased by 9.21 percent to $3.27 billion in the five-month period as compared to the same period of the preceding year.
Gas condensate shared 17.11 percent of the country's total non-oil exports in terms of value, which increased by 10.22 percent to $19.108 billion in the five-month period.
Iran puts gas condensate, which is an ultra-light crude oil, in non-oil exports basket.
The country also exported 16.186 million tons of petrochemicals, worth $7.462 billion.
Iran’s petrochemicals exports indicate an increase of 55.8 percent in terms of volume and 25.03 percent in terms of value, year-on-year.
Petrochemical products shared 39.05 percent of Iran's total non-oil exports in terms of value during the first five months of current fiscal year.
Liquefied gas worth $1.94 billion, petroleum gases and gas hydrocarbons ($693 million), light oils and products (except for gasoline) worth $586 million and liquefied propane ($574 million) where other top exported goods in the five-month period.
The average price for each ton of Iran’s non-oil goods in the mentioned period was around $381, which is 12.21 percent less compared to the preceding year.