Five European countries purchase Iranian gas

Young journalists club

News ID: 410
Iran » Iran
Publish Date: 14:18 - 07 March 2013
TEHRAN, YJC. Despite sanctions on Iranian gas by EU, five European countries rank among major customers of South Pars gas.

At a time when sanctions rule, Iran has exported worth more than $7 billion gas to Asian and European countries.

Since the beginning of the current Iranian year (now 336 days) 8 million tons of gas condensates were exported from Asaluyeh.

China, Japan, UAE, India, Indonesia, Netherlands, Belgium, Spain, Turkey, Romania, Taiwan, Malaysia, Vietnam, and Afghanistan are important customers of gas and petrochemical products from Asaluyeh.

On the other hand the Norwegian Statoil ASA was exempted from sanctions late 2012 to receive 2 to 4 gas cargoes per month from South Park.

Statoil has said in an announcement that the company purchases South Pars LPG as repayment of debts owed by the National Iranian Oil Company (NIOC) for completed projects on the giant South Pars gas field and exploration on the Anaran and Khoramabad fields.

'We receive the cargo at the LPG terminals in Iran and transport it by ship to markets outside Europe and the USA. Cargoes of LPG serve as down payment of NIOC's debt to us,' Company spokesman Morten Eek said back in 2012.

'We have informed the Norwegian and United States authorities on this and we will continue the dialogue to ensure that our activities are in accordance with the current sanctions,” Eek added.


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