Iran’s Persian Gulf Star (PGS) condensate splitters earned the country a much-needed $100mn in petroleum products exports revenue for 21 March-20 October, the first seven months of the Iranian year, according to a 21 October report on the Ministry of Petroleum’s Shana news website.

Mohammad Ali Dadvar, chief executive of the Persian Gulf Star Oil Company (PGSOC) affiliate of state refiner NIORDC, said PGS exports in the period amounted to 250,000 tons, though this equates to a relatively modest 9,500 b/d versus current PGS capacity of 360,000 b/d. (CONTINUED - 957 WORDS)