Exports of gas condensate from Iran’s South Pars gas field rose by 19 percent in the eights Iranian calendar month of Aban (October 23-November 22) compared to the same month in the previous year, according to an Iranian oil official.
Seyed Pirouz Mousavi, the managing director of the Iranian Oil Terminals Company, said Iran exported 12.216 million barrels of gas condensate in the mentioned month, compared to 10.268 million barrels in the same month last year, the Shana News Agency reported on Friday.
In this period, he said, 16 oil tankers sailed from South Pars terminal where 25 to 30 thousand barrels of gas condensate are loaded per hour.
Mousavi said, “By inauguration of new phases in the South Pars gas field in near future, gas condensate exports would increase significantly.”
South Pars gas field export gas condensate to China, South Korea, Japan and United Arab Emirates.
The South Pars gas field, which Iran shares with Qatar in the Persian Gulf, contains significant amounts of gas and condensate.
Iran exported 73.821 million barrels of gas condensate in the first half of the current Iranian calendar year (March 21-Septemebr 21), showing 16 percent growth year on year.
In the six-month period, Gas condensates accounted for 19.6 percent of the country’s total non-oil exports
Sales of condensate from South Pars supplement Iran’s crude oil exports, which are constrained by international sanctions. Condensate exports face no such constraints so long as they go to buyers permitted under the U.S.