Iran exports gas condensate worth over 913m dollars

Saturday, Jul 16,2011, 11:18:04 AM

 Iran has exported more than 977,000 tons of gas condensates worth up to 913m dollars in one month, says an Iranian energy official.

"[A total of] 977,770 tons of gas condensates worth 913,777,303 dollars were exported from the Pars Special Economic Energy Zone (PSEEZ) in the Iranian month of Khordad (21 May - 21 June)," said Ahmad Purheydar, the head of the Customs Department of PSEEZ, SHANA news agency reported on Tuesday [28 June].

This amount of exports shows a 75-per-cent growth in terms of weight and a 153-per-cent rise in terms of value compared with the figures for the corresponding month of last year, he added.

The official added that over 1.346m tons of petrochemical products including polyethylene, benzene, propane and butane worth up to 971m dollars were exported during the same period.

The main target markets for the exports were China, Japan, the UAE, India, Indonesia, Holland, Belgium, Spain, Turkey, Romania, Thailand, Malaysia, Vietnam and Afghanistan, he further explained.

Iran is currently trying to increase its petrochemical exports through targeting new markets in Africa, Latin America, and China.

In December 2010, Iran's Oil Ministry reported a 35-per-cent increase in Iran's petrochemical production over the seven-month period between 21 March and 22 October. Iran sold about 14.13m tons of petrochemical products during the period.


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