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Iran gasoline consumption hits 65.8 million liters per day

Business Materials 21 July 2014 12:39 (UTC +04:00)

Baku, Azerbaijan, July 21

By Umid Niayesh - Trend:

Some 460.9 million liters of gasoline were consumed in Iran in the week to July 18.

The country's average gasoline consumption was around 65.8 million liters per day in the mentioned week, Iran's SHANA News Agency reported on July 21.

July 17 with 72.9 million liters, and July 14 with 61.8 million liters respectively recorded the highest and lowest rate of gasoline consumption in the week. The average daily gasoline consumption was 63.8 million liters in its preceding week.

The figure in weeks to July 4 and June 27 stood at 66.35 and 72 million liters.

Iran's average gasoline consumption stood at 69.4 million liters per day in the third calendar month of the current Iranian year (May 21 - June 21).

The country's average gasoline consumption in the first and second calendar months of the year was also 68.3 and 69.9 million liters per day, respectively, Iran's IRNA News agency reported on June 29.

April 1 with 101 million liters, and April 25 with 53.5 million liters respectively recorded the highest and lowest rate of gasoline consumption in spring.

Shahrokh Khosravani, deputy director of National Iranian Oil Refining and Distribution Company (NIORDC), said that Iran will be able to export 20 million liters of gasoline per day as of next year.

"Currently the country produces 60 million liters of gasoline per day," he said, Iran's Mehr News Agency reported on June 9.

"Iran's gasoline consumption currently is around 70 million liters per day, so we need to import 10 million liters of gasoline each day," he explained.

"But once the Persian Gulf Star refinery's gasoline production unit comes on stream, the country's total production capacity will reach 96 million liters per day," Khosravani said.

"Then Iran will be able to export the surplus gasoline which is around 20 million liters per day," he noted.

He went on to note that the first phase of the Persian Gulf Star refinery (with the capacity to produce 12 million liters of gasoline per day) will come on stream by the end of the next Iranian fiscal year (March 20, 2016).

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