Iranian officials announced on Tuesday 16th February 2016 that the first exports of gas oil products (fuel oil distilled from petroleum) are headed to African countries.
Iran is ardent to raise its status as
a major exporter of gasoline, kerosene, liquid petroleum gas (LPG), jet fuel
and mazut in the Middle East.
Seyyed Naser Sajjadi, the Managing
Director of the National Iranian Oil Products Distribution Company (NIOPDC) said
in the Iran media: “With the implementation of new phases at South Pars field
leading to increased natural gas production, the exports volume of oil products
particularly gas oil has soared.”
According to Sajjadi, Iran has now
added the Central Asia nation of Tajikistan to its customer list, which has
largely included Iraqi, Afghanistan and Pakistan, exporting 2.9 million litres
of gas oil in the first shipment.
Iran has reportedly exported more
than 1.7 billion litres of gas oil to various countries since the beginning of
the current Iranian year.
African countries
are eyeing potential new relationships with Iran in the post-sanctions
environment. This week, Ghana’s President John Mahama was the first African
president to visit Iran since the sanctions were lifted, saying the
country was committed to new trade and business opportunities.
In Kenya, Iran is expecting to seal a
crude oil export deal, while elsewhere in East Africa, Tehran is searching for
more markets for its refined products.
"We intend to
renew memoranda signed by Kenya for importation of crude oil, and enter into
new agreements in oil and gas exploration and extraction with EAC
members," Iranian ambassador to Kenya, Hadi Farajvand, stated, “In
May 2012, Kenya and Iran had signed a memorandum of understanding for Kenya to
import 80,000 tons of crude oil from Iran. However, the deal was canceled two
months later due to sanctions. Kenya is now said to be preparing to review that
deal.’’
Source: oil price
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