Tehran (IP) - The managing director of the National Iranian Oil Company (NIOC) said the country’s oil and gas condensate exports have doubled in the past year.

Iran PressIran News: Mohsen Khojastehmehr made the remarks on Satarday in a meeting with Abbas Gharibi, the acting chief of the Iranian Oil Terminals Company, and other IOTC officials in the Iranian Kharg island located at Persian Gulf, and added, “The increase in exports reveals that all facilities, installations, and marine logistics on the island are fully operating to boost exports.”

CEO of NIOC said that the Kharg Island terminal enjoys the best position in the world in terms of geographical location.

Kharg or Khark Island is a continental island in the Persian Gulf belonging to Iran.

The island is located 25 km off the coast of Iran and 483 km northwest of the Strait of Hormuz. Its total area is 20 km². 

Khojastehmehr described Kharg Island as the last link in the export chain, where revenues are earned.

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