Abbas Kazemi, managing director of the National Iranian Oil Production Distribution Company (NIOPDC), told a gathering of senior NIOPDC executives on Thursday that in the current Iranian calendar year which ends on March 20, the company secured stable export of oil products, excluding gasoline, for the first time.
He said laying pipelines in the border between Iran and Afghanistan for export of petroleum products curbed smuggling of the products to a large degree.
Kazemi said Iran's export of petroleum products will rise given the fact that NIOPDC has reduced supply of liquid fuels to power plants and has replaced them with gas.
He said the company is prepared to supply 70% of the country's need for fuel in the transportation sector by Euro-4 fuels and the percentage will reach 100% within the next 3 years.
Your Comment