Iran to stop producing gasoline in petrochemical complexes in 3 months

Oil&Gas Materials 16 March 2013 15:57 (UTC +04:00)

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.