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Iran’s gas condensate export down in 3Q of fiscal year

Business Materials 31 January 2017 13:30 (UTC +04:00)

Baku, Azerbaijan, Jan. 31

By Emil Ilgar – Trend:

Iran’s daily gas condensate export stood at 382,000 barrels per day (4.150 million tons) in the third quarter of the current fiscal year (Sep.22-Dec.21), while the figure for the first half of year (March 21-Sep-21) was 473,000 b/d, the combination of statistics, released by Iran’s Customs Administration and Export Promotion Organization, indicate.

Iran exported 13.051 million tons of gas condensate in nine months of the current fiscal year (March 21-Dec.21), which indicates a 97.5 percent increase in volume and 65 percent increase in value.

Iran’s gas condensate revenue in 9 months reached $5.124 billion, while this figure for 6 months was $3.496, which indicates the country’s gas condensate export price increased in the third quarter of the current fiscal year.

Iran currently produces 560,000 b/d of gas condensate.

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