Iran's cheap condensate export up 258% since nuclear deal
Iran has exported averagely 504,000 barrels of gas condensate per day, since achieving an interim nuclear accord with Sextet powers in November 2013. Iran Custom Administration released a 229-page detailed statistics about the country's trade turnover during last Iranian calendar year, which ended on March 20. The report indicates that the country increased condensate export volume from 195,000 barrels per day during first eight months (March 20, 2013 to November 20, 2013) to 504,000 barrels per day during the last four months of Iran's calendar year, which covers November 21, 2013 to March 19, 2014). Iran's average condensate exports after nuclear deal is 258 percent more than before that. The U.S. and EU imposed tough sanctions over Iran's banking system as well as whose which targeted oil and petrochemical products exports in mid-2012, but some of sanctions, including petrochemical-related ones and insurance services for oil tankers have been eased due t