Iran gasoline consumption to surge in July
Tehran, Iran, June 29
By Milad Fashtami - Trend:
Iran will face no difficulty in providing enough gasoline in summer.
Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC), Abbas Kazemi, said the country's gasoline consumption is expected to rise in July as people start their summer trips, Iran's Mehr News Agency reported on June 29.
Kazemi said that the country's gasoline reserves are currently at a desirable level.
The official, however, advised people to cut their consumption.
It was reported previously that Iran's gasoline reserves currently stand at over 2 billion liters.
Iran's average gasoline consumption stood at 69.4 million liters per day in the third calendar month of the current Iranian year (May 21 - June 21).
The country's average gasoline consumption in the first and second calendar months of the year was also 68.3 and 69.9 million liters per day, respectively, Iran's IRNA News agency reported on June 29.
Kazemi also said that Tehran will become self-sufficient in gasoline production by the end of the next Iranian calendar year (March 20, 2016).
"Iran will become gasoline exporter in two years," he said, ISNA news agency reported on June 11.
Shahrokh Khosravani, deputy director of National Iranian Oil Refining and Distribution Company (NIORDC), said that Iran will be able to export 20 million liters of gasoline per day as of next year.
"Currently, the country produces 60 million liters of gasoline per day," he said according to Iran's Mehr news agency.
"Iran's gasoline consumption currently is around 70 million liters per day, so we need to import 10 million liters of gasoline each day," he explained. "But once the Persian Gulf Star refinery's gasoline production unit comes on stream, the country's total production capacity will reach 96 million liters per day."
"Then Iran will be able to export the surplus gasoline which is around 20 million liters per day," he noted.
He went on to note that the first phase of the Persian Gulf Star refinery (with the capacity to produce 12 million liters of gasoline per day) will come on stream by late next Iranian calendar year (March 20, 2016).