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Iran exports 151,000 tons of gasoline

Business Materials 11 April 2015 12:35 (UTC +04:00)

Baku, Azerbaijan, Apr.11

By Fatih Karimov - Trend:

Iran exported 151,000 metric tons of gasoline in the past Iranian fiscal year, which ended on March 20, according to Iran's Customs Administration.

The value of gasoline exported in the past year was $137.5 million.

Gasoline exports showed a 67.23-percent rise in weight and 63.08-percent rise in value compared to the year before.

Iran sells gasoline at $0.9 per liter on average.

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) earlier said that Iran will be able to export 20 million liters of gasoline per day in current fiscal year (started on March 21).

"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."

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