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Iranˈs gas exports hit $3.5b

Source: Islamic Republic News Agency

Managing director of the National Iranian Gas Company (NIGC) Javad Owji said here Friday Iran has exported over 8.4 billion cubic meters of gas, worth $3.5 billion, during the last Iranian year (ended on March 20).

Speaking to IRNA, Owji made the remarks on the sideline of the 18th International Oil, Gas, Refining and Petrochemical Exhibition currently underway in Tehran.

He noted during the same period, over 4.5 billion cubic meters of gas, worth 1.8 million euro, have been imported to the country.

Owji stressed that the volume of Iranˈs gas imports last year was 50 percent lower than its correspondent figures in its two previous years.

Official: Four oil refineries complete by year end

Iran Deputy Oil Minister Alireza Zeighami said that the country is now self-sufficient in fuel production after its international suppliers stopped selling gasoline to Tehran under the Westˈs pressures.

He noted that Iran will complete projects related to four refineries by the end of the current Iranian calendar year (ends March 20, 2014).

Zeighami, also the managing director of National Iranian Oil Refining and Distribution Company (NIORDC), said on Thursday that the implementation of the projects will increase the gasoline output at the Isfahan refinery by 4.1 million liters per day.

ˈPrior to the launch of the refinery projects, the production of base gasoline in the country stood at 44 million liters a day, which now stands at 61.4 million liters per day,ˈ the Iranian official said.

According to the Iranian official, gasoline production at Tabriz refinery would also increase by 1.1 million liters per day, while daily gasoline output of the Lavan refinery would rise by 1.6 million liters and that of Bandar Abbas refinery would increase by 3.1 million liters when the projects become operational.

He added that overall gasoline production in Iran would reach 70 million liters per day by the end of the current Iranian calendar year.

He added that a daily average of 1.85 million barrels of crude oil is currently being sent to refineries across Iran to be turned into various products.

... Payvand News - 04/19/13 ... --

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