Iran has boosted its domestic capacity to store condensate produced at the giant South Pars offshore gas field at a time when harsh US sanctions have led to a slump in its exports. South Pars condensate storage capacity has reached 2.5 million barrels following the addition of a new 500,000 barrel tank, according to Pars Oil and Gas Co. (POGC), a subsidiary of state-owned National Iranian Oil Co. (NIOC).
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