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Iran said on Wednesday it had stopped exports of liquefied petroleum gas (LPG) to Japan, but there were other customers available, the semi-official Mehr news agency reported.
The report did not give a reason but difficulties for shippers in obtaining insurance have continued to hamper Iranian LPG exports despite the lifting of international sanctions, Reuters reported.
“Our LPG exports to Japan have stopped … At the present, insurance issues and supplying of LPG carriers have been almost resolved,” Mehr quoted the head of the Association of Petrochemical Industry Corporations (APIC) Ahmad Mahdavi as saying.
“There are no limitations for the exports of the LPG in the post-sanction era … a myriad of customers are calling for Iran’s LPG to the extent that the demand exceeds the supply.”
“One major obstacle facing LPG exports has been supplying of ships … Since the removal of sanctions, some buyers of Iran’s LPG have managed to receive the product through their own LPG carriers,” he said.