Iran’s Abadan refinery ready to export aviation fuel

Oil&Gas Materials 27 July 2013 16:47 (UTC +04:00)

Azerbaijan, Baku, July 27/ Trend R.Zamanov/

Iran's Abadan oil refinery is ready to export aviation fuels, the managing director oil refinery said on Saturday.

"The Abadan refinery has the capacity to export LL100 fuel, which is suitable for helicopters and trainer aircrafts," the Fars News Agency quoted Moslem Rahimi as saying.

"The fuel costs 50,000-60,000 rials ($1.5 - 1.8 based on the price of USD at the free market)," he said.

"Iran is used to import the fuel to meet its 200,000-litres need," he said, adding that the refinery has the capacity to produce 500,000 litres of the mentioned fuel.

In April, Iranian Deputy Oil Minister Alireza Zeighami said that according to current projections, Iran will export 30 million litres of gasoline per day by 2015, despite the international sanctions imposed on the country. Zeighami added that Iran's gasoline production will hit 70 million litres per day by the end of the current Iranian calendar year, which ends on March 20, 2014.

Iran exported over 132,000 tons of gasoline, valued at $134 million, in Iranian calendar year 1391 (March 2012-March 2013).

According to data compiled by Iran's Customs Administration, gasoline exports rose by 127 percent in value and 108.5 percent in volume in 1391 compared to Iranian calendar year 1390 (March 2011-March 2012).

In addition, Iran is currently a leading producer of jet fuel for passenger and cargo planes.