Iran exports 56,000 tons of gasoline in 11 months

Business Materials 5 March 2013 12:33 (UTC +04:00)

Azerbaijan, Baku, March 5/ Trend G.Mehdi/

Iran exported 56,000 tons of gasoline valued at $52 million, in the first 11 months of the current Iranian calendar year (March 20, 2012-February 18, 2013), the Fars News Agency reported.

The figure showed a 100 per cent increase compared to the same period in the previous year despite sanctions which have been imposed against the country.

Meanwhile, on February 4, Iranian MP Mehdi Mousavinejad said that cutting gasoline imports currently is not feasible because domestic production does not meet demands, the YJC news website reported.

The country has not reached self-sufficiency in gasoline production, he said, adding that cutting gasoline imports will damage the transport sector.

Iranian refiners are obliged to supply gasoline meeting Euro-4 standards at the beginning of the next Iranian calendar year (March 21, 2013), the Mehr News Agency quoted Iranian Standards Organisation's Deputy Director Bahador Kazemi as saying on January 12.
The current produced gasoline 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 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.

The amount of fuel will be produced by the 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 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, 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.