Iran to stop producing gasoline in petrochemical complexes in 3 months

Azerbaijan, Baku, Mar.16/ Trend F.Milad‎‏

Iran will stop producing gasoline in petrochemical complexes by the end of the Iranian month of Khordad (June 21), deputy Iranian oil minister said on Satuday.

Once the gasoline production units of Lavan, Abadan, and Tabriz refineries come on stream, the country's gasoline production capacity would surpass Iran's consumption rate so we can stop production of gasoline at petrochemical complexes, the ISNA News Agency quoted Alireza Zeyqami as saying.

He put the country's gasoline consumption at 63.5 million liters per day, noting that Iran's production capacity currently stands at 61 million tons per day.

Currently 22 million litters of gasoline conforming to euro 4 and euro 5 standards are being produced in the country, Zeqami said.

He expressed hope that Tehran's total gasoline production capacity would reach 70 million liters per day by the end of the next Iranian calendar year (March 20, 2014).

On March 14, Iran's President Mahmoud Ahmadinejad inaugurated the country's biggest gasoline production hub with a production capacity of 16 million liters of gasoline per day near the central city of Shazand.

Once the unit came on stream, the production of premium gasoline in the country also increased to 3.2 million liters.

Iran attained self-sufficiency in fuel production after its international suppliers stopped selling gasoline to Tehran under US pressure.

Oil strengthens on prospect of OPEC+ maintaining supply cuts, drop in U.S. inventories
Oil strengthens on prospect of OPEC+ maintaining supply cuts, drop in U.S. inventories
OPEC+ considers oil output roll over for April
OPEC+ considers oil output roll over for April
Turkey's exports to OIC countries on the rise
Turkey's exports to OIC countries on the rise
Loading Bars
Latest
Georgian Railway expects to refinance Eurobonds
UK records another 6,573 coronavirus cases, 242 deaths
Azerbaijan agrees to continue existing oil production cuts in April (PHOTO)
7.3-magnitude quake hits waters off New Zealand
Armenia can also benefit from regional transportation projects if behaves in normal way - President Aliyev
Azerbaijan becomes one of Eurasia's main and reliable transportation, logistics hub - President Aliyev
We invite ECO member states to benefit from “Zangazur corridor” - President of Azerbaijan
We condemn unequal, unfair distribution of vaccines among developing and developed countries - President Aliyev
Now we are looking into future - President Aliyev
Military victory over Armenia on battlefield was also fully accomplished by political ways - President Aliyev
Stronger Turkey is, stronger is Azerbaijan and all its partners - President Aliyev
IAEA chief: Technical meeting with Iran to be held in April
WHO praises Georgia for curbing Covid-19
Belarusian BELAVIA airlines operating one-way flights on Baku-Minsk route
Macron to spare Paris region from weekend lockdown, for now
Kazakhstan determines priorities of foreign policy
Compliance services become more relevant in Azerbaijan - PASHA Bank
Several servicemen killed in military helicopter crash in Turkey
Azerbaijan doing everything to create new transport infrastructure in South Caucasus – Russian analyst
New reality created in South Caucasus - head of department at Istanbul Kadir Has University
Demining of Azerbaijani lands complicated by Armenia’s refusal to provide maps of minefields - Expert
Long-awaited end to Karabakh conflict creates new opportunities - Former US ambassador to Azerbaijan
Azerbaijan shows footage from Kechikli village of Zangilan district (VIDEO)
Azerbaijan interested in strengthening export and investment potential with Argentina
President Aliyev gives speech at virtual Summit of Economic Cooperation Organization
MFA shares potential sectors of Lithuanian investment in Georgia
Georgian kiwi enters Japanese market
Azerbaijan's ENGINET company talks unique solutions for local market
Kazakh gold extracting venture opens tender to buy spares
Kazakhstan intends to attract funds to improve energy efficiency of facilities
Volume of food products sold in Baku's trade network increases
Georgia shows progress in curbing coronavirus cases - WHO
Azerbaijani Finance Ministry allocates funds for maintenance services
Restaurant business subsidizing program launched in Tbilisi
UK's Johnson says Brexit problems in Northern Ireland are solvable
Supporting Member Country ECAs: ICIEC endorse supportive reinsurance treaty with JLGC
Uztekstilprom, French Proparco talk profitable financing for textile projects
Georgian consulting company launching project for female entrepreneurs
Georgian wine export to US down
Russia and Azerbaijan lead in import of electricity to Georgia
Several low-cost airlines resume flights to Georgia
Azerbaijan-Belarus foreign trade operations for Jan. 2021 revealed
Azerbaijan confirms 124 more COVID-19 recoveries
Kazakhstan increasing control over development of oil and gas fields
State property privatization plan in Georgia surpasses initial plan
Several containers with cargo to pass through Azerbaijan along BTK railway - ADY Container
Rehabilitation centers can be established in Azerbaijan's liberated lands - Agency
Azerbaijan discloses number of imported cars in 2020
Uzbekistan’s 1M2021 profit for banks increases
Germany approves AstraZeneca for over-65s
New plant to be commissioned in Baku
Azerbaijan to receive Astra Zeneca vaccine via COVAX mechanism - WHO
Turkmengas opens again tender for operation of video surveillance system
Uzbekistan, Belarus agree to expand range of mutually supplied agricultural products
Uzbek currency rates for March 5
Italian Eni launches implementation of its solar energy project in Kazakhstan
Ensuring security in Karabakh our top priority - Turkish president
Georgia eyes to select new investor for Anaklia port
Creation of Kazakhstan-Azerbaijan Business Council under discussion
Covaxin demonstrates prowess of Atmanirbhar Bharat, says ICMR chief
India, Philippines sign key defence pact, set ball rolling for BrahMos missile sale
Turkey supports Georgia in deepening relations with Euro-Atlantic structures
Moldova Post plans to develop co-op with Turkmenistan in field of postal services
Georgia preparing for issuance of new Eurobond
Europe reviewing Russia's COVID-19 vaccine
German companies interested in funding Azerbaijan's railway projects
Uzbekistan to launch production of electric scooters in Fergana region
Azerbaijani State Customs Committee chairman names most-imported products for 2020
India, Norway to work together in marine spatial planning
PM Modi may launch trading points, connectivity projects in Dhaka
India to fund NRs 246 million for reconstruction of Cultural Heritages in Nepal
Kazakhstan, Tajikistan resuming mutual air traffic
Several ships and related facilities to be launched in Iranian ports
Iran reveals COVID-19 data for March 4
Azerbaijani FM’s letter to UN sec-gen disseminated as document of organization
Kazakhstan increases imports of Iran-made goods
Georgia plans to create new economic development plan
Baku Statistical Department discloses Jan. 2021 volume of paid services to citizens
Electricity production in Georgia to increase after Namakhvani HPP is ready
Uzbekistan reveals volume of industrial production for Jan. 2021
Students and graduates of Baku Higher Oil School shown high results in entrance exams for master's degree programs
Azerbaijani PASHA Bank eyes attracting IT companies to implement joint projects
Azerbaijani banks' demand at foreign exchange auction decrease
Iran’s Bahar Azadi gold coin price fell
Azerbaijan, Turkey to hold joint military exercises (PHOTO)
Turkish foreign minister to visit Uzbekistan
Volume of cargo loaded, unloaded in Iran’s Dayyer port revealed
Kazakhstan’s Ulba Metallurgical Plant announces tender to buy accumulators
Moldova Post talks details of postal communication resumption with Turkmenistan
Buta Airways to launch ticket sales for Baku-Istanbul-Baku Flights
Iran Khodro Company expects to meet forecasts
Azerbaijani IT company seeks to promote smart home systems abroad
Iran declares data of exports, imports via Astara port
Several mines produced by Armenia found in Azerbaijan’s Aghdam district - Trend TV reports
Azerbaijan releases 2M2021 data on transactions of local investment companies'
EU delegation's head talks interest in raising Azerbaijani regions' financial inclusion
Most of construction work in Baku during Jan. 2021 carried out by private companies
BlackRock builds 5% stake in Toshiba, becomes third largest shareholder
Iran discloses volume of rapeseed to be harvested
Azerbaijan, Iran negotiating to open customs post on border, in Khudaferin village
All news