Iran News ...


10/30/12

Iran producing 25 million liters of premium gasoline per day

Source: Tehran Times

Iran is currently producing 25 million liters of premium gasoline per day, meeting euro-4 and euro-5 standards, ISNA quoted National Iranian Oil Production and Distribution Company's managing director Alireza Zeighami as saying.

The country's gasoline output is projected to hit 70 million liters per day by the end of the next Iranian calendar year 1392 (March 20, 2014), he added.

He also said that diesel oil output will reach 95 million liters per day by the end of the current Iranian year, of which 25 million liters meet euro-4 and euro-5 standards.

Zeighami said in May that gasoline production units at the Imam Khomeini, Shazand, Abadan, Tondgouyan and Lavan refineries will be put into operation by the end of the year.

Iran exported over 132,000 tons of gasoline, worth around $134 million, last year.

According to Customs Administration data, the gasoline exports rose by 127 percent in value and 108.5 percent in volume, respectively, compared to the year before.

Armenia, Afghanistan, the UAE, Iraq and Oman were the destinations for Iranian gasoline.

Iranian gasoline imports have slumped by as much as 95 percent over the last four years, according to official government data, as rising refinery capacity and lower fuel subsidies help neutralize Western sanctions aimed at starving Tehran of fuel.

... Payvand News - 10/30/12 ... --



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