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October 21, 2014 / 27 Tishri, 5775
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What Sanctions? Iran Gas Exports to Europe at $7 Billion

Pakistan intends to complete a gas pipeline from Iran despite U.S. opposition.
The Assaluyeh terminals on the shore of the Persian Gulf.

The Assaluyeh terminals on the shore of the Persian Gulf.

Despite EU gas sanctions, EU members Spain, Netherlands, Belgium, Turkey and Romania are among Iran’s most important gas customers produced in south Pars terminals.

According to MNA, despite EU sanctions banning the importation of natural gas and other gas liquid products to Europe, Iran have exported more than $7 billion of liquid gas products.

According to the repots, last year, eight million ton of gas condensate (low-density mixture of hydrocarbon liquids) exported from the Assaluyeh oil and gas terminals to international markets.

Also during this period, more than 15 million tons of petrochemical and polymer products, including light and heavy polyethylene, benzene and liquid gas, worth $12,856 million, have been exported from Assaluyeh terminals to international markets.

The report also revealed that China, Japan, United Arabic Emirates, India, Indonesia, the Netherlands, Belgium, Spain, Turkey, Romania, Taiwan, Thailand, Malaysia, Vietnam and Afghanistan are among the main customers of Iran’s petrochemical and gas products coming out of Assaluyeh terminals.

According to the same report, Iran’s export of liquid gas to south Korea in the last few months has been doubled, compare to last year same time.

Meanwhile, on Thursday afternoon, the AP reported that Pakistan intends to complete a gas pipeline from Iran despite U.S. opposition.

Foreign Ministry spokesman Moazzam Ali Khan said Thursday that President Asif Ali Zardari is planning to travel to Tehran on Monday for the groundbreaking ceremony.

Khan said the pipeline is in Pakistan’s interest.

Pakistan is facing severe energy shortages, and hopes the pipeline would deliver natural gas from Iran to Pakistan by 2014.

About the Author: Yori Yanover has been a working journalist since age 17, before he enlisted and worked for Ba'Machane Nachal. Since then he has worked for Israel Shelanu, the US supplement of Yedioth, JCN18.com, USAJewish.com, Lubavitch News Service, Arutz 7 (as DJ on the high seas), and the Grand Street News. He has published Dancing and Crying, a colorful and intimate portrait of the last two years in the life of the late Lubavitch Rebbe, (in Hebrew), and two fun books in English: The Cabalist's Daughter: A Novel of Practical Messianic Redemption, and How Would God REALLY Vote.


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