A report by the Planning and Hydrocarbons Supervision Department of the Iranian Ministry of Petroleum said Pars Oil and Gas Company produced over 88% of the country's gas condensates.
The report also said that Iran's condensate output in the first 8 months of the year rose 16% year-on-year.
The rise is attributed to the raise output from phases 12, 15, 16, 17 and 18 of the supergiant South Pars gas field in Persian Gulf waters.
Furthermore, the National Iranian Oil Company (NIOC) has managed to tap the National Development Fund of Iran for financing $6bn for its prioritized development projects during the two years that Rouhani has been in office in Iran.
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