18 August 2014 - 10:47
  • News Code: 222994
Iran's 4-Month Gasoline imports Down 400ml

TEHRAN August 18 (Shana)--Iran's gasoline imports has been reduced some 400 million liters in the four months since the beginning of the current calendar year to March 2014, said the Managing-Director of National Iranian Oil Refining and Distribution Company (NIORDC).

Abbas Kazemi said the reduced gasoline imports is due to the increased level of gasoline production by Iranian refiners as numerous projects have come on stream since March. 
He said on average 7 million liters of gasoline have been imported into the country during the period which should reach 10 million liters to fulfill the country's gasoline needs. 
He said the reduced imports brought the country nearly IRR 1,000 billion which was made possible even though the year-on-year consumption increased nearly 3 ml/d in Iran. 
When completed, the development projects in some refineries, like Abadan and Isfahan refineries, will add 6 ml/d of euro-4 gasoline to the country's production capacity.
Kazemi further said that Iran will turn into a gasoline exporter by the time Phase 1 of Persian Gulf Star gas condensate refinery in the Persian Gulf is operational. 
News Code 222994

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