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Iran to double its gasoline production capacity at Persian Gulf refineries

Business Materials 15 January 2013 16:04 (UTC +04:00)

Azerbaijan, Baku, Jan.15 / Trend F.Milad /

Iran will double its gasoline production capacity at Persian Gulf refineries by the end of the current Iranian calendar year (March 20), the Managing Director of Lavan Oil Refinery Company (LORC) Mohammad-Ali Dadvar said on Tuesday.

The refineries' produced gasoline meets "Euro-5" standard, Dadvar said, the Mehr News agency reported.

He went on to note that Lavan refineries' gasoline output will reach 3 million liters per day by the end of current year.

The refinery's current production capacity currently stands at 1.4 million liters per day.

Iranian Standards Organization's Deputy Director Bahador Kazemi said last week that Iranian refiners have been obliged to supply gasoline meeting Euro-4 standards since the beginning of the next Iranian calendar year (March 21, 2013).

The produced gasoline currently meets Euro-2 standards, he said, adding that newly established refineries are able to produce gasoline which meets both Euro-4 and Euro-5 standards.

In December 2012, IRNA quoted Ali-Mohammad Sha'eri, the Iranian environment protection department's deputy director, as saying that some 50 million liters 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.

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

In October 2012, ISNA quoted National Iranian Oil Production and Distribution Company's managing director Alireza Zeighami as saying that Iran is currently producing 25 million liters of premium gasoline per day, meeting euro-4 and euro-5 standards.

The country's gasoline output is projected to hit 70 million liters per day by the end of the next Iranian calendar year, he added.

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