Exports of petrochemical products continue despite restrictions; official
“Currently, Iran petrochemical products are exported to almost all countries,” spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Union Seyyed Hamid Hosseini told ILNA.
He said in an exclusive interview with ILNA news agency that in exports of products we have no problem, but prices have fallen recently.
“Due to the cold weather and the protective measures against the new coronavirus, the export of many products such as diesel fuel and gasoline was almost stopped, but the export of oil derivatives from the Persian Gulf Star Refinery (naphtha, diesel, and gasoline) to be continued, he added.
According to Hamid Hosseini, Iran's exports to Iraq have been suspended for about two weeks, but the problem has been resolved and it is now exported from the borders of the Kurdistan Region, Parviz Khan and mainly Bashmaq.
China is the top destination for Iran's petrochemical products, but the UAE purchased $2 billion worth from March 2018 to March 2019.
Even though the United States imposed sanctions on the entire petrochemical sector in November 2018, the UAE spent about $481 million on Iranian exports from December 2018 through March 2019, according to Tehran’s official data.
END