19 October 2024 - 12:41
  • News ID: 647030
Gasoline Production Reaching 129 ml/d

SHANA (Tehran)—Under the Seventh Development Plan, the country’s gasoline production will increase to 129 million liters per day.

The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC), Mohammad Sadegh Azimi-Far, announced this, adding that the company will strive to achieve this goal by focusing on increasing the production of high-quality petroleum products in existing refineries and completing refinery projects with more physical progress.

Speaking at a conference of the NIORDC's managers on the topic of “Winter Fuel Supply,” he stated that in the first seven months of this Iranian calendar year, which began on 21 March 2024, the volume of liquid fuel delivered to power plants increased by 38 percent compared to the same period last year. 

He mentioned that gasoline consumption increased by 7 percent (1.6 billion liters) compared to the same period in 2023, which was sustainably supplied using existing capacities for transfer and distribution.

In another part of his remarks, he emphasized the need for optimal planning in the production sector to ensure a stable supply of liquid fuel in the cold season, noting as far as the current month’s performance is concerned, "we have managed to increase the production of gasoline, diesel, and fuel oil by increasing refinery feedstock and addressing bottlenecks and operational measures."

Azimi-Far stated that the supply of liquid fuel to power plants should be increased by utilizing new oil product transfer lines to power plants and expanding the fleet of road and rail tankers.

He noted that hesitance in timely decision-making is one of the important reasons behind the country's energy imbalance, stressing that various governmental bodies need to have a common understanding of the energy imbalance issue, recognize the main causes, and feel responsible for resolving it.

He stated that diversifying the fuel basket, developing energy transfer and storage infrastructures, modernizing the country’s transportation fleet, and preventing the smuggling of petroleum products are among the challenges that, if addressed, can help solve the fuel imbalance problem.

News ID 647030

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