Baku, Azerbaijan, Sept. 11
By Khalid Kazimov -- Trend:
Iran will boost gasoline production by 4 million liters per day before the end of the current Iranian fiscal year (March 20), Deputy Minister of Oil Abbas Kazemi said.
He explained that the increase follows the repair of the Bandar Abbas Refinery's gasoline production project as well as the operation of the isomerization section of the Isfahan Refinery, IRNA news agency reported Sept. 11.
That will decrease the country's gasoline shortcoming by 6 million liters a day. Iran currently imports 6.4 million liters of the product to meet domestic consumption.
Iran's current gasoline reserve stands at a little over one billion liters.
Iran will stop importing gasoline next year when the Persian Gulf Star refinery's first phase comes on stream, a recent report said.
According to Kazemi, an increase in using CNG and LPG for automobiles, gasoline consumption in Iran has not witnessed any increase since two years ago.
Iran has the world's largest CNG-powered fleet with about 3 million cars burning CNG.
The country's daily gasoline consumption stood at 72 million liters per day for the first five months of the current Iranian year.
Edited by CN