TEHRAN – The value of Iranian gas condensate exports in the first four months of the current Iranian calendar year (March 21-July 22) fell about $600 million compared to the same period last year.

Iran exported about $2.3 billion worth of gas condensates in the mentioned time span in comparison to the last year’s $2.9 billion, Tasnim news agency reported on Sunday.

However, exports remained almost unchanged in terms of weight.

During the first four months of the past Iranian calendar year, some 5.902 million tons of gas condensates were sent to the destination markets, while the figure stood at 5.640 million tons during the current year’s first four months.

According to the country’s foreign trade statistics, some 37 million tons of goods valued at $13.4 billion were exported to other countries during March-July 2017, a $2.9-billion drop year on year.
Iran exported $16.3 billion worth of goods to the world markets during the last year’s first four months.

Natural-gas condensate is a low-density mixture of hydrocarbon liquids that are present as gaseous components in the raw natural gas produced from many natural gas fields.

EF/MG