Iran Self-Sufficient in Petrol Production

Source: www.gulfoilandgas.com 11/18/2011, Location: Asia

The director of the National Iranian Oil Refining and Distribution Company has announced that Irans gasoline production has approximated its consumption, rendering Iran independent of foreign imports.

By the end of the current Iranian calendar year (March 19, 2012), the countrys gasoline production will surpass its consumption, the Mehr news agency quoted NIORDC Director Alireza Zeighami as saying.

Previously, Iran imported 28 million liters of gasoline per day, but with the implementation of projects for the expansion of operations at refineries, this figure has now been reduced to zero, he added.

Zeighami stated that Iran is currently producing 58 million liters of gasoline per day, which, when taking the additives into consideration, equals the countrys 60-million-liter daily consumption.

He went on to say that by the end of the current Iranian calendar year, Irans gasoline output will surge to 73.6 million liters.

And Iran plans to boost its gasoline output to 190 million liters per day by 2025, the NIORDC director added.


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