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1 Nov 2014
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Iran's gas exports rise by 258 percent

» Service: Economy - Energy

TEHRAN (ISNA)- Iran has exported 504 thousands barrels of gas condensations since it reached an agreement with the six world powers in 2013.

Iran's gas exports reached 195.000 barrels daily over the first 8 months of the last Iranian calender year (started from March 20-November 20). It then climbed to 504.000 barrels daily in the last four months of the year.

Iran's gas exports rose by 258 percent after signing the deal with the five permanent members of the UN Security Council plus Germany in November.

Iran's gas exports earnings totaled $10.295 billion in 2013, raising by 15.93 percent.

On November 24, Iran and the Group 5+1 (the US, Russia, China, Britain and France plus Germany) sealed a six-month Joint Plan of Action to lay the groundwork for the full resolution of the West’s decade-old dispute with Iran over its nuclear energy program. In exchange for Tehran’s confidence-building bid to limit certain aspects of its nuclear activities, the Sextet of world powers agreed to lift some of the existing sanctions against Tehran and continue talks with the country to settle all problems between the two sides.

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