Iran Sells South Pars Condensate to Hanwha in Challenge to Qatar

  • Condensate to load in April for South Korea petrochemical firm
  • Cargo is Hanwha's 1st purchase from Iran after sanctions ease

Iran sold a light hydrocarbon liquid pumped from its South Pars fields to South Korea’s Hanwha Total Petrochemicals Ltd., as the removal of sanctions help it challenge producers of similar supplies such as Qatar.

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