Energy6 years ago
South Korea wants US to backtrack on Iran decision
South Korea is sending a delegation to the US to seek an extension of waivers which Washington ended on Monday with the aim of bringing Iran’s oil exports to zero.
condensate
Iranian crude, condensate reach Venezuela’s main port for discharge
‘Iran’s condensate exports quadrupled in August-March’
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Energy6 years ago
Iran surprises US, observers with spike in oil exports
Iranian oil exports have surged to levels near before sanctions, surprising market observers and the US which has vowed to zero out the country's oil revenues.
Energy6 years ago
Iran's new gas phases free up export capacity for Asians
Iran has delivered 300,000 barrels of gas condensate for export from phase 13 of South Pars which was inaugurated Sunday, the phase's operator Payam Motamed says.
Energy6 years ago
South Korea quadruples imports of Iranian oil: Yonhap
South Korea's imports of Iranian oil more than quadrupled in February from a month ago, nearing pre-sanction levels, government data released Tuesday shows.
Energy6 years ago
Asia tackles last hurdles to resuming Iran oil imports
Asian buyers of Iranian oil have overcome final hurdles to resuming shipments from the country, with first cargoes set to arrive in Japan and South Korea as early as this month.
Energy7 years ago
Iranian condensate shortage bites Asian consumers
Asian consumers are under strain to find alternative sources for Iranian condensate which is becoming scarce amid rising domestic demand and US sanctions.
Economy7 years ago
South Korea, Iran to trade in local currencies
South Korea says it has reached a deal with Iran to use local currencies in mutual trade between the two countries instead of the US dollar.
Energy7 years ago
Iran oil sales still strong ahead of sanctions
Market figures show that Iran’s oil sales are still powerful only a few days before the US wages a second wave of sanctions that would target the country’s oil exports.
Energy7 years ago
Iran splitter has South Korea cut oil imports by 46%
According to data released by the Korea Customs service, South Korea imported 10.06 million barrels or 324, 516 barrels per day of Iranian oil in March, from 18.54 million barrels a year ago.
Energy7 years ago
Iran cuts send Asians scrambling for new oil sources
South Korean refiner Hyundai Oilbank Corp was reported to have bought its first ever cargo of the ultra light oil from Norway to replace Iranian barrels.
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