Iran's Oil Exports at 2.7m bpd
 Iran's Oil Exports at 2.7m bpd

Iran's Oil Exports at 2.7m bpd

Iran's Oil Exports at 2.7m bpd

National Iranian Oil Company exported 2.74 million barrels of oil and gas condensates per day in July, of which 600,000 barrels were gas condensates, the company's director for international affairs said on Wednesday.
“Plans have been made not only to maintain crude exports level, currently standing at 2.1 million barrels per day, but also to increase it to pre-sanctions level,” Seyyed Mohsen Qamsari was also quoted as saying by Shana.
Underscoring the fact that Iran exported 2.35 million bpd of oil prior to international sanctions, the official said, “We have not yet touched the pre-sanctions level. Nonetheless, exports of crude are now at a good level.”
According to the official, a quarter of Ian's oil is sold to European customers and the rest is sent to Asian markets. Yet, gas condensates are only exported to certain destinations in Asia.
Stressing that Asia is the largest energy producer and has always played a major role in meeting global energy demand, Qamsari noted that most of Iran's traditional customers have already returned to the country's oil purchase cycle.
Serious talks are underway with new Asian and European customers, but they will remain unnamed as long as contracts are not finalized.

Short URL : http://goo.gl/EfGCf5
  1. http://goo.gl/Oihk2E
  • http://goo.gl/8eiOg3
  • http://goo.gl/4eCnSM
  • http://goo.gl/2aaPl6
  • http://goo.gl/7qJFrW

You can also read ...

Tabriz Oil Refinery
Operations to swap crude oil consignments shipped from...
Domestic Firm to Build 1ts SP Phase 11 Platform
An unnamed Iranian company will build the first jacket...
An oil spill near Kuwait’s Ras al-Zour in Persian Gulf waters.
Major oil exporter Kuwait is dealing with another crude oil...
Kharg NGL Project Gathers Momentum
Iranian Offshore Oil Company will hand over the development of...
Total SA Steps Up Renewables Drive
Oil major Total moved forward with its plan to expand in the...
NIOC could trim exports by at least 1 million barrels next month.
The National Iranian Oil Company has informed buyers in Asia...
Iraq Rules Out Further Crude Cuts
Iraq does not see the need for more output cuts now, but if...
Brent, WTI Prices Steady
Oil markets held largely steady on Tuesday, even as OPEC...