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Iran to commission world’s largest gasoline production unit

Business Materials 22 August 2012 18:30 (UTC +04:00)
Iran will soon inaugurate the world's largest gasoline production unit at the Shazand refinery which will boost gasoline production capacity by around eight million litres per day
Iran to commission world’s largest gasoline production unit

Azerbaijan, Baku, Aug.20/ Trend F.Milad/

Iran will soon inaugurate the world's largest gasoline production unit at the Shazand refinery which will boost gasoline production capacity by around eight million litres per day, the deputy oil minister stated.

Alireza Zeighami told the Mehr News Agency that the units will come on stream in the next two to three weeks. The gasoline which is produced by the Shazand refinery meets the Euro-5 standard.

The project will raise daily gasoline output at the Shazand refinery to 16 million litres.

Four development plans will be put into operation by the end of the current Iranian calendar year (March 19), boosting the country's gasoline production capacity to 70 million litres per day.

Iranian gasoline imports have slumped by as much as 95 per cent over the last four years according to official government data, as rising refinery capacity and lower fuel subsidies help neutralise Western sanctions aimed at starving Tehran of fuel revenues.

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