Iran condensate exports set to fall to 5-month low in July -sources
New splitters to drive demand for Iranian condensate SINGAPORE/TOKYO, June 23 Iran's condensate exports in July are expected to fall to the lowest in five months as major buyer South Korea scales back purchases of the ultra-light oil, trade sources said on Thursday. Robust demand for condensate, from South Korea in particular, helped drive a recovery of Iranian oil exports to a 4-1/2-year high in June, although the volume is expected to dip in July. Loadings of Iranian condensate in June rose to about 408,000 barrels per day, the highest ...
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