Iran's diesel and naphtha export reaches $1.15 bln

Oil&Gas Materials 25 September 2011 12:29

Azerbaijan, Baku, Sept. 25/ Trend A. Qurbanova/

Iran 's diesel export reached $450 million, while its gasoline and naphtha export hit $500 million and $700 million respectively during the first six months of the current solar year (started on March 20,2011), Fars News Agency quotes Deputy Oil Minister Alireza Zeyghami as saying.

"Iran transferred furnace oil worth $790 million and diesel worth $20 million," he said.

He stressed by launching new gasoline production units during the current solar year and next year the country's need for super gasoline import will halt gradually and even will start to export super gasoline in the future.

More than $250 million have been invested in additional oil refinery for super gasoline production and it is predicted the production in Abadan Oil Refinery will reduce the country's gasoline import.

According to the development plan, Abadan Oil Refinery will produce super gasoline with 93 octane and daily production of 250 tons of propylene, 330 tons gas to feed petrochemical industries in addition to 100 tons of sulfur.

By implementing this plan oil products in Abadan Oil Refinery will increase by 430,000 barrels. Iran's gasoline consumption reduced during holy Ramadan month from 58 to 60 million liters per day.

Earlier, Iranian Deputy Oil Minister Ali-Reza Zeighami said emergency plans will help boosting the country's gasolineoutput sharply by early 2012.