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Iran’s weekly fuel consumption stands at 832 million liters

Business Materials 1 March 2015 17:54 (UTC +04:00)

Baku, Azerbaijan, March 1

By Umid Niayesh - Trend:

Iran's total liquid fuel consumption including diesel oil and fuel oil stood at 832 million liters in the week to Feb. 27.

The figure indicates a fall by 58.6 million liters compared to 890.6 million liters of total diesel oil and fuel oil consumption from the preceding week, the Iranian oil ministry's official SHANA news agency reported March 1.

Some 615.4 million liters of diesel oil and 216.6 million liters of fuel oil were consumed in the country in the time period.

Feb. 24 with 104.6 million liters, and Feb. 26 with 60.5 million liters recorded the highest and lowest rate of diesel oil consumption in the mentioned week.

Feb. 26 with 33.3 million liters, and Feb. 25 with 29.2 million liters also recorded the highest and lowest rate of fuel oil consumption in the mentioned week.

Average daily diesel oil and fuel oil consumption in the mentioned week stood at 87.914 million liters and 30.942 million liters respectively in the week to Feb. 27.

Iranian oil ministry seeks to decrease liquid fuel consumption in the country by boosting gas consumption, particularly in power plants. Iran aimed to boost gas supply to power plants to 1,483 billion cubic feet this year to reduce gas oil and fuel oil burning in this sector.

Over 83 percent of total electricity output in Iran is generated in thermal power plants, fueled by diesel oil, fuel oil and natural gas.

Iran delivered 47 billion cubic meters (bcm) of gas to power plants since the beginning of the current Iranian fiscal year (March 21, 2014) to Feb. 22. Some 140 million cubic meters of gas on average per day has been delivered to power plants during the current Iranian fiscal year compared to 100 mcm in the previous fiscal year.

The country used 1,271 billion cubic feet of gas, as well as 28 billion liters of gas oil and fuel oil for power generation during last fiscal year, ended on March 2014.

Follow the author on Twitter: @UmidNiayesh

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