Manufacturing cars meeting euro-5 standard started in Iran

Business Materials 18 December 2012 13:11 (UTC +04:00)

Azerbaijan, Baku, Dec. 18/ Trend G.Mehdi/

Iranian carmakers have started manufacturing cars which meet the euro-5 standard, the Mehr News Agency quoted Iranian Deputy Industry Minister Mohsen Salehi as saying.

Domestic refineries have succeeded in producing fuel which meets the euro-5 standard he said, adding that the carmakers will soon launch large scale production.

Some 50 million litres of gasoline and diesel meeting euro-4 and euro-5 standards, will be produced in Iran by the end of the current Iranian calendar year (March 20, 2013), IRNA quoted Ali-Mohammad Sha'eri, environment protection department's deputy director as saying on Saturday.

The amount of fuel will be produced by the Shazand, Tondgouyan, Abadan, and Lavan refineries, he added.

In October, ISNA quoted the National Iranian Oil Production and Distribution Company's managing director Alireza Zeighami as saying that Iran is currently producing 25 million litres of premium gasoline per day, meeting euro-4 and euro-5 standards,.

The country's gasoline output is projected to hit 70 million litres per day by the end of the next Iranian calendar year of 1392 (March 20, 2014), he added.

He also said that diesel oil output will reach 95 million litres per day by the end of the current Iranian year, of which 25 million litres meet euro-4 and euro-5 standards.
Iran exported over 132,000 tons of gasoline, worth around $134 million, last year.

According to Customs Administration data, gasoline exports rose by 127 per cent in value and 108.5 per cent in volume, respectively, compared to the year before.
Armenia, Afghanistan, the UAE, Iraq and Oman were the destinations for Iranian gasoline.