Iran to hike gasoline production to 191m liters a day

Business Materials 31 August 2010 17:19 (UTC +04:00)

The managing director of the National Iranian Oil Products Refining and Distribution Company said Iran is about to take-off on producing a target 191 million liters of gasoline a day.

Ali-Reza Zeighami said that 45 million liters of gasoline is currently produced in the country while 64 million liters is being consumed.

He added that if the gasoline rationing plan is not implemented the consumption figure will increase between 100 to 120 million liters a day.

Zeighami pointed out that the gasoline production plan will mostly be carried out by the end of the Fifth Development Plan (2015).

The official said that in the country 56 percent of oil products are used in transportation, 19 percent for households, shops and services, 6 percent in agriculture and 15 percent for industrial usages.