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Iran to stop producing gasoline in petrochemical complexes by mid-summer

Oil&Gas Materials 8 June 2013 17:01 (UTC +04:00)

Azerbaijan, Baku, June8 / Trend R.Zamanov /

Iran will stop producing gasoline in petrochemical complexes by mid-summer, Iran's Deputy Oil Minister Alireza Zeyqami said on Saturday.

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 gasoline in the petrochemical complexes, the Mehr News Agency quoted him as saying.

He previously said that the country would stop producing gasoline in petrochemical complexes by the end of the Iranian month of Khordad (June 21).

Iran's average gasoline consumption stands at around 67 million liters per day, Zeyqami said, adding that the country's production capacity currently stands at 66 million tons per day.

Currently 22 million liters of gasoline conforming to euro 4 and euro 5 standards is being produced in the country, he said.

Zeqami expressed hope that Iran'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.

By inauguration of the unit, the production of premium gasoline in the country also increased from to 3.2 million liters.

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

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