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Showing posts from August 10, 2014

Huge gap between Iran's gas condensate export value and volume growth

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Iran 's gas condensate exports increased to 7.75 million tons during the last four months, indicating a 2.3-time increase compared to the same period last year. Iran 's fiscal year starts on March 20. Iran 's Custom Administration released its monthly report on Aug. 13, saying the country's total gas condensate export value during last four months was $5.18 billion, 1.7 times more than the same period last year. It is not clear why Iran 's gas condensate export experienced a 127 percent increase in volume, but has only a 72.3 percent increase in value, while there have not been any significant fluctuations in oil prices since last year. However, Iran reportedly offers discounts to customers to encourage them to buy more Iranian oil. China is Iran 's biggest both crude oil and the gas condensate importer. According to the China Custom reports, this country received 630,000 barrels of Iranian oil during the first half of 2014, indicating about a 5

Russian coffins flying over Iran

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There may be little ones in Iran, the "Russian plane" doesn't evoke the crash and death in their minds. Based on the Civil Aviation Organization (CAO) of Iran, some 71 passenger planes have crashed in the country since 1979, leading to 1817 deaths, a half of them were killed as a result of Russian aircraft accidents. Today, on August 10, an Antonov model aircraft crashed in Tehran, leaving 48 dead. The Ukrainian Antonov aircraft is assembled in Iran, called IrAn-140 under the license issued by Iran Aircraft Manufacturing Industrial Company (HESA). This aircraft is designed by the Ukrainian Antonov ASTC bureau as the successor for the Soviet An-24. The CAO statistics does not include crashes of jet fighters and deaths of non-passengers. Also, it does not include the death of 17 persons as a result of an Antonov crash in Kerman in November 1993. Generally, 833 Iranians have been killed as a result of crashes of Russian planes, such as Ilyushin (298 persons),