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Twenty new CNG stations inaugurated in Iran

Oil&Gas Materials 27 August 2014 12:01 (UTC +04:00)

Tehran, Iran, Aug. 27

By Milad Fashtami - Trend:

Twenty new CNG stations were inaugurated in Iran, Iran's Mehr News Agency reported on August 27.

Managing director of National Iranian Oil Refining and Distribution Company (NIORDC), Abbas Kazemi, said that currently there are over 2,200 CNG stations across the country.

"Iran's current CNG consumption rate stands at 21 million liters per day, which is equal to 20 million liters of gasoline," he said, adding that an increase in the country's CNG consumption will lead in a decrease in gasoline consumption.

The head of the union of Iranian CNG station owners, Ardeshir Dadras, said on July 7 that the country currently has the biggest CNG vehicles fleet in the world.

"In Iran some 90 percent of the major cities' taxis, as well as 60 percent of the vehicles used in public transportation sector, run on CNG," he said.

According to Dadras, there is a total of 17 million cars and 9 million motorcycles in Iran. He went on to add that with 17 million cars, Iran has 5,000 CNG stations in total.

Iran's oil ministry announced on May 14 that it plans to construct 1,000 new CNG stations across the country. Once the stations come on stream, Iran's gasoline consumption will reduce by over 20 million liters.

Kazemi said on June 24 that Iran's CNG consumption rate will also reach 30 million liters per day by March 20, 2016.

Iran's average gasoline consumption in the current year has reached 70 million liters per day, some 1.5 percent more than the same period previous year.

Iran's Mehr News Agency reported on August 17 that the country imported some $22 trillion (some $710 million based on the exchange rate of USD at the free market) worth of gasoline from the beginning of the current calendar year (which started on March 21).

The country imported a total of 670 million liters of gasoline in the mentioned period, marking an average amount of 4.5 million liters per day. The figure is expected to reach 2 billion liters by the end of the current year.

Over the past several years, Iran's gasoline import dependence has decreased significantly as a result of increased domestic refining capacity. Iran plans to increase gasoline production capacity at the Isfahan and Bandar Abbas refineries by the end of 2014.

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