Iran Oil Ministry: Condensate Exports to End to Make Value-Added Products

The Oil Ministry will suspend exporting gas condensates and instead refine it domestically in petrochemical plants and refineries to produce value-added goods including gasoline and naphtha, the oil minister said.
Speaking on state-run radio, Bijan Namdar Zanganeh said the aim is to add value to the light hydrocarbons and exports will be put on hold during the current Iranian year that started in March, the Oil Ministry news portal reported Tuesday.