Export of crude oil and gas condensates up by 14 percent

Export of crude oil and gas condensates up by 14 percent
Export of crude oil and gas condensates has increased 14 percent during term of the incumbent government.

Department of Planning and Supervision on Hydrocarbon resources of Oil Ministry announced that the average of crude oil and gas condensates exports since the 11th government took office in August 2013 until March 21st of 2015 increased around 14 percent.
Export of crude oil, before beginning the term of new government was being done through brokers, but it was concentrated in the oil ministry during 11th government to stop speculation in price of crude oil and gas condensates in addition to transparency.
It said that the Oil Ministry of President Hassan Rouhani formed a 5-member board to sell oil, specially for important cases.
The board included two former cabinet ministers and three veteran directors, who are familiar with banking issues and oil buisiness and are selected by senior officials.

Aug 19, 2015 11:40
IRNA |

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The section of oil, gas and petro-chemistry is the up-most and first industrial vantage of the country and the pivot of the Economy of Iran. Regarding the importance of this section and the need for coordinating and organizing the most active people in the field of production and exporting oil ,gas, and petrochemical products ,some forethoughtful and job- makers in the private section of the country decided to come together to fight against the threats by using the opportunity of mass intelligence and potentials.