Iranian petrochemicals production and exports are setting a new record as the country has raised oil output.
The country’s petrochemicals exports totaled 20 million tons this year, said an Iranian petrochemistry official, adding Iran broke the record of petrochemicals exports of last year.
According t Sadegh Haji-Pour, the UAE, India, South Korea and Iraq have been main targets of Iranian South Pars gas field exports.
He noted that urea, LPG and polyethylene have been on top of list of South Pars exports.
Petrochemicals are sent to target markets in gas, liquid and solid, Haji-Pour said.
The South Pars gas field, divided into 28 phases,
is located in the Persian Gulf on the common border between Iran and
The field is estimated to contain 14 trillion cubic meters of gas
and 18 billion barrels of condensates.
The field covers an area of 9,700 square kilometers, 3,700 square
kilometers of which lie in Iran's territorial waters in the Persian
Gulf. The remaining 6,000 square kilometers, i.e. North Dome, are
located in Qatar's territorial waters.