Iran ships 777m barrels of oil to global markets in 2017

January 2, 2018

TEHRAN – Iran’s oil customers in Asia and Europe shipped in 777 million barrels of Iranian crude during 2017, Shana news agency reported on Monday.

The country exported 2.13 million barrels per day (bpd) of crude in last year, 62 percent of which was shipped to Asian markets and the rest was received by European buyers.

China, India, South Korea and Japan were top importers of Iranian crude oil in the mentioned period while Turkey, Italy, Britain, Hungary and the Netherlands were among European customers.

During 2017, Iran also exported 180 million barrels of gas condensate, something about 490,000 bpd.

The average price for Iranian crude oil and condensate stood at near $52 per barrel in 2017.


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