A close look at Iran's oil products output and exports
Iran's official statistics indicate significant impacts on petroleum sector, alongside the crude oil exports. Iran's oil exports were around 2.2 million barrels per day in 2011 but the figure had dropped, resulting in being one million barrels as of current. The same falling trend applies to the country's gas condensates and oil products exports. Iran's former president Mahmoud Ahmadinejad once talked about Tehran's plan for stopping crude oil exports and turning toward exporting value-added oil products. But the statistics doesn't support the claim and show that the exports of Iran's oil products including liquid petroleum gas (LPG), fuel oil, diesel oil, kerosene, and naphtha have faced severe cuts. According to official statistics, Iran's production capacity for the mentioned products stood at around 260 million liters per day in April, but the figure has since increased to over 264 million liters. OPEC's latest Annual Statistics Bulletin sugge