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Iran intends to increase petrol production by 2013

Oil&Gas Materials 28 July 2010 14:47 (UTC +04:00)

Azerbaijan, Baku, July 28 / Trend T. Jafarov /

Iran will bring daily petrol production up to 170 million liters by 2013, Iranian oil minister Masud Mirkazem was quoted as saying by Mehr agency.

He said that in case of an emergency situation, Iran has the opportunity to produce 15 million liters of petrol per day additionally at petrochemical plants.

"Today, we have suspended the project of petrol production in emergency situations in connection with full fuel needs inside the country", he said.

He said that all the projects on construction of oil refineries will be commissioned in the country by late 2010. The production capacity in the petrochemical industry in the country in 2005 amounted to 15,8 million tons, but now this figure has exceeded 50 million tons.

"About 14 million tons of petrochemical products were exported last year. In general, the amount of petrochemical products exported last year amounted to $9,2 billion. This year we expect growth in this index," he said.

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