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Iran gas condensate export hits historic record

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Iran's gas condensate export experienced a huge increase last month, but the overall export volume decreased by 20 percent during first two months of Iran's fiscal year. Iran's fiscal year starts on March 20. The country exported about 4.913 million metric tons of the gas condensate during last month, or more than 1.331 million barrels per day (mb/d) during a period from April 21 to May 22. This is the highest level in Iran's gas condensate export in history. Exporting above 1.3 mb/d of ultra-light oil during last month was reported while according to Reuters estimations, Iran has exported below 1.2 million barrels of oil to Asian countries in April. Iran also exports less than 0.1 mb/d of oil to Turkey. The following tables, reported by Reuters on May 29 show Asia's Iran crude imports in bpd for April and the year to date: Country Apr-15 Apr-14 yr/yr pct China 707,400 799,865 -11.6 India 264,100 224,800 17.5 Japan 68