EPRINC’s Larry Goldstein was quoted in today’s The New York Times article on Iran’s use of condensate exports to avoid oil related sanctions. “‘For U.S. regulations, we can’t export condensates because it’s a crude oil, but in sanctions for Iran they can export condensates because it’s not a crude oil,’ noted Larry Goldstein, a director of the Energy Policy Research Foundation, an organization partly financed by the oil industry. ‘From a policy perspective, there is an inherent contradiction.’”
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