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Iran’s weekly gasoline consumption exceeds 71 million liters

Business Materials 20 August 2013 17:48 (UTC +04:00)

Azerbaijan, Baku, Aug.20/ Trend F.Karimov/

Iran's average gasoline consumption exceeded 71 million liters per day during the week which ended on August 16, ISNA reported.

The total gasoline consumption reached 498.9 million liters during the week, showing 3.5 percent compared to its preceding week.

Meanwhile, the domestic production of gasoline in the country stood at 61 million liters per day.

Iran's average gasoline consumption was around 65 million liters per day in the previous calendar year which ended on March 20.

In April, the Mehr News Agency reported that Iran will create a hub of exporting gasoline in the southern city of Bandar Abbas, close to the Persian Gulf, once two gasoline production projects come on stream.

The Bandar Abbas and Persian Gulf Star refineries are projected to produce 50 million litres of gasoline per day.

Gasoline which will be produced at the two refineries will meet Euro-4 and Euro-5 standards.

Four refinery projects are underway in Iran which will double the country's gasoline production capacity to 144 million litres, IRIB quoted Managing Director of National Iranian Oil Engineering and Construction Company Farhad Ahmadi as saying.

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