26 Apr 2024
Sunday 30 June 2013 - 12:46
Story Code : 35779

Beijing-Seoul vie over buying Irans gas

TEHRAN, Jun. 30 (MNA) After South Korea, Beijing resumes importing LPG from Iran after four months. Since Iran has a limited export capacity it is expected that competition between Seoul and Beijing over purchasing Irans gas will intensify.
In lines with Irans surplus gas export policies, Irans LPG exports to South Korea resumed earlier this year and as officially reported by South Koreas state customs, after an 8-month suspension, Iran has exported a monthly average of over 70 thousand tons of LPG to this Asian country over the past two months.

With the resumption and increasing of Irans LPG exports to South Korea, China joined the petroleum products costumers and after a 4-month pause, Iran has sold 88 thousand tons of LPG to China.

According to reports from international media sources, a cargo of 33 thousand tons of propane and 11 thousand tons of butane was discharged in the Chinese port of Daxie. The cargo was delivered to China via a ship-to-ship transfer.

Previously Lebanon officially expressed willingness to purchase Irans LPG and it has been agreed that Iranian companies will participate Lebanese tenders for fuel oil and LPG.

By Mehr News

 

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