Young Journalists Club | Latest news of Iran and world

News ID: 8003
Iran » Iran
Publish Date: 18:22 - 28 February 2017
Iran has exported 24 million barrels gas condensate in January with clients were from Asia and Europe.
Iran exports 24 mln barrels gas condensate in JanuaryIran has managed to increase oil and gas condensate exports to over 2.800 million barrels from 1.200 million barrels daily after easing sanctions against the country.
Asian countries are the biggest clients for Iranian gas condensate.
Iran has delivered a 1 million barrel gas condensate consignment to BP recently to put Europe in the list of buyers of its gas condensate.
National Iranian Oil Company (NIOC) Managing Director Ali Kardor has recently said that Iran used to produce 325.000 barrels of gas condensate daily in 2014, however the figure has now risen to 550.000 barrels daily.
He said Iran stored 75 million gas condensate over water in 2014, the figure has decreased to 25 million barrels following easing sanctions and it is expected to become zero by next April.
He continued that selling 50 million barrels of gas condensate has brought $2 billion revenue for Iran.

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