Baku, Azerbaijan, April 26
By Fatih Karimov - Trend:
Some 10,000 barrels of crude oil have been sold at Iran's energy bourse since April 6, Iran's IRIB reported on April 26.
The value of crude oil transactions has reached 30 billion rials (about $1.1 billion) so far.
Some 220,000 barrels of gas condensates, valued at 434 billion rials have also been sold at the bourse since December 2013.
On April 6, some 2,920 barrels of crude oil were sold at the country's energy bourse for the first time in Iran's 100-year oil history.
The transaction was valued at 8.93 billion rials (about $300,000).
A number of refineries operated by the private sector bought the crude oil consignment.
Iran's oil exports have stayed above levels allowed under Western sanctions for a fifth month, according to sources who track tanker movements, in a further sign that a deal to ease some restrictions is helping Tehran sell more crude, Reuters reported on March 26.
Under the Geneva nuclear deal, Iran's exports are supposed to be held at an average one million bpd for the six months to July 20. But shipments to Asia have topped that level at least since November, according to ship tracking data.
The U.S. administration believes that exports will fall in coming months and on average will fall to the one million bpd level stipulated by the interim agreement which went into effect on January 20.
Iran's crude exports have averaged 1.3 million barrels per day (bpd) in March, down from 1.4 million bpd in February, the report said.
That is still an elevated rate, as exports of Iranian oil in 2013 averaged 1.1 million bpd.
