5 November 2024 - 20:32
  • News ID: 648583
Gasoline Production Up by 8 ml/d

SHANA (Tehran) -Through implementing an accelerated plan to increase gasoline production, the National Iranian Oil Refining and Distribution Company (NIORDC) has boosted the country’s daily gasoline output by over 8 million liters in 76 days.

The Shana report shows that the 14th administration headed by Masoud Pezeshkian as president inherited the Ministry of Petroleum under conditions in which the country had shifted from being a gasoline exporter to an importer.

In this scenario, the first step was to reduce the gap between production and consumption, prevent gasoline imports, and meet the gasoline product demand using short-term and medium-term domestic solutions. Therefore, the plan to drastically increase gasoline production was adopted as one of the 14th administration’s strategies to address the gasoline supply-demand imbalance, and over the last 76 days leading up to November 6, gasoline production has risen in the country’s refineries due to this plan.

The latest assessments by Shana indicate that the gasoline production at the Persian Gulf Star Refinery has increased by 4 million liters to 44 million liters per day, Tehran Refinery has risen by 2 million liters to 9 million liters per day, Esfahan Refinery has increased by 2 million liters to 14 million liters per day, and Tabriz Refinery has risen by 500,000 liters to 4 million liters per day.

According to Shana, energy intensity in Iran is more than twice the global average. This means producing one unit of economic growth in Iran consumes more than twice the other countries. 

Nevertheless, the Petroleum Ministry, as the sole authority responsible for the country’s fuel supply, has consistently worked to provide the necessary fuel for various industrial, domestic, and transportation sectors stably and continuously despite the high energy consumption intensity.

News ID 648583

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