...

Iran to export 2.5 million liters of diesel oil to Iraq per day

Business Materials 2 September 2014 14:27 (UTC +04:00)

Baku, Azerbaijan, Sept.2

By Fatih Karimov - Trend:

Iran will export 2.5 million liters of diesel oil to Iraq per day.

Naser Sajjadi, managing director of National Iranian Oil Products Distribution Company, said the two countries have finalized a deal, based on which Iran will export 2.5 million liters of diesel oil to Iraq per day, Iran's Shana news agency reported on September 2.

Gas oil will be supplied to Iraqi power plants, he said, adding that over the past 12 months, Iran exported 131 million liters of diesel oil to different countries, mainly to Iraq.

Iran's deputy oil minister Abbas Kazemi said on August 6 that diesel oil export was resumed, adding that Iran exported first consignment of diesel oil to Afghanistan after 8 years.

"The supply of natural gas to power plants is sufficient and the need to supply diesel oil to the power plants has been removed. So, the surplus of diesel oil which is produced in oil refineries will be exported", Iran's Mehr news agency quoted Kazemi.

A year after ex-President Mohammad Khatami took the office in 1997 Iran not only became self-sufficient in producing diesel oil but also started to export the surplus amount.

The situation remained the same during his eight years in office. But once Mahmoud Ahmadinejad became Iran's president, the country once again started to import diesel oil.

Latest

Latest