CONDENSATE

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ENERGY

Iran’s giant field reaches 650,000 bpd production plateau

Iran is currently producing 650,000 barrels per day of condensate from its giant South Pars gas field, a senior energy official says.

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ENERGY

Iran backs Russia’s OPEC+ demand on condensates

Iran’s oil minister says Russia is rightly demanding condensates be excluded from its output figures.

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ENERGY

US looms large as South Korea buys more Iran oil

South Korea’s imports of Iranian crude oil rose 17% to 353,223 barrels per day (bpd) in April, government data showed on Wednesday.

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ENERGY

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.

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ENERGY

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.

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ENERGY

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.

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ENERGY

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.

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