Gas Export From PSEEZ Rises 9%

Date: 16 March 2019 - 21:30

News ID: ۶۴۳۰۶

TEHRAN (Dispatches)- Pars Special Economic Energy Zone (PSEEZ) in Iran’s southern province of Bushehr exported 1.43 million tons of gas condensate in the last local calendar month (Jan. 21- Feb. 19), registering a 9% increase in comparison with the corresponding period in the last year.
Director General of the PSEEZ’s customs department Ahmad Pourheidar said that despite the U.S.’ withdrawal from Iran nuclear deal in May, accompanied by pressure and threats to prevent the sale of Iranian oil and gas condensate, PSEEZ’s condensate exports during the past month increased 9% and 15% respectively in terms of volume and value in comparison with the corresponding period in last year.
More than 3 million tons of non-oil commodities worth $1.298 billion were exported from PSEEZ during the 30-day period, indicating a 13% increase in volume year on year. The zone's products include ethylene glycol, urea, butane, propane, p-Xylene, monoethylene glycol, triethylene glycol, low-density and high-density polyethylene, natural-gas condensate, petroleum heavy ends and cement.
Early in this month, Deputy Director for Development and Engineering at the National Iranian Oil Company (NIOC) Reza Dehqan said that Iran is ready to take the phases 13, 22, 23, and 24 of the South Pars Gas Field in the Persian Gulf on stream by the end of the current local calendar year (on March 20).
He added that the development projects of the phases 13, 22, 23, and 24 have made a 94% progress, and the units are expected to start gas production in the coming days.