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2018-06-04 13:35:00

IRAN'S OIL EXPORTS 2.7 MBD

IRAN'S OIL EXPORTS 2.7 MBD

SHANA - Iran's crude oil and gas condensate exports totalled 2.7 million barrels in May 2018.

The exports were higher than the country's average while there were rising fears of re-imposition of US sanctions on Tehran following Washington's pullout out of the Joint Comprehensive Plan of Action (JCPOA), a deal Tehran struck with the P5+1 group of countries back in 2015 to curb its nuclear activities in exchange for easing of sanctions on its vital commercial sectors.

The country exported 2.4 mbd of crude oil and 300,000 b/d of gas condensate, ultra light crude oil, during May.

In the calendar year of 1396, which ended on March 20, crude exports of Iran, the third-biggest producer of the Organization of the Petroleum Exporting Countries (OPEC), averaged 2.115 mbd.

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Earlier:

 IRAN & VENEZUELA SANCTIONS
2018, May, 21, 11:00:00

IRAN & VENEZUELA SANCTIONS

NYT - China and India are the biggest buyers of Iranian crude, but they also provide markets for 40 percent of Venezuelan exports, which have been plummeting under the weight of mismanagement, debt and American financial sanctions.

 СОТРУДНИЧЕСТВО ИРАНА И ЕС
2018, May, 21, 10:50:00

EU - IRAN COOPERATION

IRNA - since banning Iran’s oil exports was the first sanction imposed by the US, in their statement, Europeans has put extra emphasis on the continued sale of Iran’s oil and gas condensate petroleum products and petrochemicals and related transfers.

 IRAN NEEDS REASONABLE PRICE
2018, May, 7, 08:35:00

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SHANA - Iranian Minister of Petroleum Bijan Zangeneh said Tehran preferred "reasonable" price for crude oil in a bid to avoid market instability.

 IRAN'S OIL EXPORTS 2.17 MBD
2018, May, 7, 08:30:00

IRAN'S OIL EXPORTS 2.17 MBD

SHANA - The CEO of the National Iranian Oil Company (NIOC) said the country’s crude oil export stood at average 2.170 million barrels per day (mb/d) over the course of the previous Iranian calendar year of 1396 which ended on March 20.

 IRAN'S OIL EXPORTS: 2.5 MBD
2018, April, 25, 10:05:00

IRAN'S OIL EXPORTS: 2.5 MBD

SHANA - Iranian Minister of Petroleum Bijan Zangeneh says Iran is currently exporting upwards of 2.5 million barrels per day of crude oil and gas condensate (ultra-light form of crude).

 IRAN NEED NEW MARKETS
2018, April, 20, 09:00:00

IRAN NEED NEW MARKETS

SHANA - The CEO of the Iranian Gas Commercial Company (IGCC) said his company, as the sole exporter of gas products in Iran, is currently seeking new markets for exporting liquefied petroleum gas (LPG).

 IRAN'S OIL GAS
2018, April, 11, 13:05:00

IRAN'S OIL GAS

EIA - Iran holds the world’s fourth-largest proved crude oil reserves and the world’s second-largest natural gas reserves. Despite its abundant reserves, Iran’s crude oil production has undergone years of underinvestment and effects of international sanctions. Natural gas production has expanded, the growth has been lower than expected. Since the lifting of sanctions that targeted Iran’s oil sector, oil production has reached more than 3.8 million barrels per day in 2017.

 

 

 

 

Tags: IRAN, OIL, EXPORTS

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