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Iran's gas condensate export soars with huge price drop

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Gas condensate export, which shares about one third of Iran 's total crude oil exports, rose after a two-month plunge. Iran 's Custom Administration released a common report on Oct.28, saying that Iran 's total non-oil exports reached $26.943 billion. The monthly "detailed report" hasn't been published on custom's official website yet, but the "detailed report" obtained and published on Iran's Donya-e-Eqtesad daily news on Oct.29 indicates that Iran's gas condensate export reached 10.849 million tons during seven months of Iran's fiscal year. Iran 's fiscal year starts on March 21. Iran includes gas condensate (ultra-light crude oil) in non-oil exports basket. According to latest monthly report published by the Custom Administration about the country's non-oil exports in first half on current fiscal year, Iran exported some 9.223 million tons of gas condensate. Followed by about 1.616 million tons of condensate la