News ID: 240184
Published: 0359 GMT March 13, 2019

Iran to export over 14,000 tons of cement to Somalia

Iran to export over 14,000 tons of cement to Somalia

Over 14,000 tons of cement will soon be exported from the southern island of Qeshm to Somalia, said Pejman Bahrami, the deputy head of Qeshm Free Zone Organization for maritime transport and port affairs.

“A 14,500-ton cargo of bagged cement produced in Qeshm will be exported to Somalia on a Tanzanian ship named AMINA-H,” Bahrami told reporters in Tehran on Wednesday, Fars News Agency reported.

He added that the loading of the cement cargo started on Tuesday and will take four to five days.

Iranian factories have the capacity to produce over 80 million tons of cement and clinker per year.

Iran exports cement to Iraq, Azerbaijan, Turkmenistan, Afghanistan, Russia, Kazakhstan, Kuwait, Pakistan, Qatar, Turkey, the UAE, Georgia, Oman, India, Somalia and China.

Iranian officials have underlined the country’s capability to decrease dependence on oil revenues, stressing the US inability to reduce Iran’s crude sales.

According to Iran Cement Association Secretary Abdolreza Sheikhan, Iran produced 41 million tons of cement during the nine months to Dec. 21, of which 4.8 million tons were exported.

Each ton of domestically-produced cement is currently priced at $25-30 in export markets, which indicates that earnings amounted to $120-144 million, he said.

“Cement production during the nine months saw no significant change compared with a similar period last year, while exports of the product grew by two percent in weight, year-on-year. Afghanistan was our biggest export destination,” the official added.

 

   
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