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Iran daily gasoline consumption falls to 69 million liters

Business Materials 13 October 2014 11:35 (UTC +04:00)

Tehran, Iran, Oct. 13

By Milad Fashtami - Trend:

Iran's average gasoline consumption decreased to 69 million liters per day within a week that ended on Oct. 10.

Totally some 483.5 million liters of gasoline was consumed in Iran in the mentioned week, Iran's SHANA News Agency reported on October 13.

The figure is 7.029 million liters less than it was in the preceding week.

October 4 with 78.7 million liters, and October 5 with 61.5 million liters respectively recorded the highest and lowest rate of gasoline consumption in the mentioned week.

The Former Managing Director of the National Iranian Oil Products Distribution Company (NIOPDC) Mostafa Kashkouli had previously estimated that Iran's gasoline consumption will reach 74 million liters per day in the current year.

The country's gasoline output is currently around 60 million liters, so it needs to import the rest.

Shahrokh Khosravani, deputy director of National Iranian Oil Refining and Distribution Company (NIORDC), said on June 9 that Iran will be able to export 20 million liters of gasoline per day as of next year.

"Once the Persian Gulf Star refinery's gasoline production unit comes on stream, the country's total production capacity will reach 96 million liters per day," Khosravani said. "Then Iran will be able to export the surplus gasoline which is around 20 million liters per day."

He went on to note that the first phase of the Persian Gulf Star refinery (with the capacity to produce 12 million liters of gasoline per day) will come on stream by the end of the next Iranian calendar year (March 20, 2016).

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