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Fuel consumption at Iran power plants surpassed some 11 billion liters

Business Materials 13 September 2013 17:54 (UTC +04:00)

Azerbaijan, Baku, September 13 /Trend, N. Umid/

Liquid fuel consumption including furnace oil and diesel in Iran's power plants has surpassed 11.2 billion liters since the beginning of the current solar year (started on March 21) which indicates an increase by 35 percent compared to the same period of the last solar year, IRNA News Agency reported.

During the first 170 days of the current solar year, diesel fuel consumption at the power plants has increased by 1.8 billion liters, showing 82 percent rise compared to the same period in the past year.

Moreover, furnace oil consumption has increased by 1.1 billion liters during the period, up 18 percent year on year.

On September 10, Iranian President Hassan Rouhani criticized the burning of diesel and furnace oil as fuel in power plants, saying that the issue will incur a $17 billion loss to the national economy by the end of the current solar year (March 20, 2014).

Some $7 billion worth of oil products have been used as fuel since the beginning of the current solar year and the figure will reach $17 billion by the end of the year, Rouhani said.

For the time being, some 94 million liters of diesel is produced in oil refineries of the country per day.

At present, Iran has the capacity to store 11.5 billion liters of fuel, which is sufficient for 58 days consumption.

Last year, 16 storage facilities were inaugurated nationwide, boosting the country's storage capacity by 1 billion liters. The storage capacity is planned to hit 14.5 billion liters by 2016.

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