Exports, Domestic Use Drain Gas Condensate Inventories

The National Iranian Oil Company has substantially reduced its growing gas condensate stockpiles in recent months not only through exports but also due to higher local consumption, managing director of the state-run firm said.
"Last November, we were concerned about stockpiling gas condensate. A huge volume of gas condensate was on our ships. We took effective measures and boosted sales of condensates,” Mohsen Khojastehmehr was also quoted as saying by the Oil Ministry’s news service Shana.
Iran has sold several cargoes of condensate to its customers, including fellow OPEC member Venezuela, he added.
The country has also increased its energy sales despite US sanctions.