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Iran’s Abadan refinery to boost gasoline output

Oil&Gas Materials 5 February 2012 13:54 (UTC +04:00)

Azerbaijan, Baku, Feb. 5 / Trend F.Milad/

Abadan Refinery in south of Iran will soon start a project to boost its gasoline production capacity by two million liters per day to reach six million liters per day, the refinery's director stated.

Abdolreza Mehrban told IRNA news agency that the refinery has the output of some 420,000 barrels per day.

Managing Director of the National Iranian Oil Refining and Distribution Company Alireza Zeighami has said Iran's gasoline production will rise next year by 18 million liters, or about 118,000 barrels, per day.

The increase in output is expected after completing development projects at seven refineries, Zeighami said.

Four development plans will be put into operation by the end of the current Iranian calendar year (March 19), boosting the country's gasoline production capacity to 70 million liters per day, according to Mehr.

Iranian gasoline imports have slumped by as much as 95 percent over the last four years, according to official government data, as rising refinery capacity and lower fuel subsidies help neutralize Western sanctions aimed at starving Tehran of fuel.

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