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Iran exports 500,000 barrels of oil to Europe - ministry

Business Materials 24 June 2018 16:47 (UTC +04:00)

Tehran, Iran, June 24

By A. Shirazi - Trend:

A cargo of about 500,000 barrels of oil from the Iranian Bahregan oil field in the Persian Gulf has been delivered to a European country, Iranian Oil Ministry said.

Some 500,000 barrels of oil were shipped to a European country on June 19, the official portal of Iran’s Oil Ministry said on its website on June 24.

The cargo of the heavy oil was sold to the European nation after it was pumped to Bahregan oil field from the West Karoun pumping station to Omidiyeh station, it added.

The loading operation of the cargo was done at the field with the help of various departments, including land and sea operation units in Bushehr province.

The Persian Gulf nation’s exports hit 2.7 million barrels per day (bpd) oil in May, a new record since the lifting of anti-Tehran sanctions on Tehran in 2016.

Iran exported 2.4 million bpd of crude oil in May, SHANA reported, and 300,000 bpd of natural gas condensate.

National Iranian Oil Co (NIOC) has already distributed the samples of the heavy oil from West Karoun oilfields in southwest Iran to some customers. Production from the field has nearly doubled in the past year to 300,000 bpd.

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