Iran to boost daily jet fuel output by 450,000 litres

Business Materials 27 December 2011 13:26 (UTC +04:00)

Azerbaijan, Baku, Dec. 27 / Trend F.Milad/

Iran has launched a new jet fuel production unit in the western Kermanshah Oil Refinery which has the capacity to produce 450,000 litres of the product per day.

Deputy Oil Minister Alireza Zeighami made the announcement in an interview with the Mehr news agency, adding that the jet fuel output will meet the needs of the country's western provinces and its surplus can be exported to neighbouring countries.

Iran signed a deal with Afghanistan on Monday to export up to one million tons of oil products, including jet fuel, to the country.

Gas oil will account for 70 per cent of Iran's exports, while gasoline and jet fuel will account for 20 per cent and 10 per cent, respectively.
The managing director of the National Iranian Oil Products Distribution Company, Jalil Salari, has said that neighbouring countries, as well as those in East Asian have declared their readiness to buy Iranian jet fuel.

Iran started hiking up its jet fuel production capacity after U.S. President Barack Obama signed the toughest ever U.S. sanctions on Iran aimed at choking off Tehran's access to imports of refined petroleum products like jet fuel and curbing its access to the international banking system, Fars news agency reported.