Iran’s gasoline production rises by 15 percent over past year

Oil&Gas Materials 2 September 2014 12:20 (UTC +04:00)

Baku, Azerbaijan, Sept.2

By Fatih Karimov - Trend:

Iran's gasoline production has risen 15 percent since President Hassan Rouhani took office in August last year.

The country's daily gasoline production is currently over 60 million liters, showing a 15 percent rise compared to about 51 million liters last year, Iran's Shana news agency reported on September 2.

Meanwhile, more than 24.5 million liters of oil products are being exported per day, compared to 20 million liters in the past year.

Iran plans to boost gasoline production to 68.3 million liters per day in the next year.

Over 1.84 billion liters of Euro-4 gasoline was consumed in Iran since the beginning of the current Iranian year (March 21).

National Iranian Oil Products Distribution Company official Hossein Aghayan said 13.43 million liters of Euro-4 gasoline were consumed on average per day, Iran's Shana news agency reported on August 6.

In the first four months of the year, Euro-4 gasoline consumption hit 356.5 million liters, 421.6 million liters, 440.2 million liters, and 446.4 million liters, respectively, he added.

Abbas Kazemi, Iranian Deputy Oil Minister, said on June 14 that Euro-4 gasoline production capacity will be increased by 20 million liters in the current year.

The Iranian calendar year starts on March 21.

At present, 16 million liters of Euro-4 gasoline is produced, he said, adding that Euro-4 gasoline is currently distributed in Tehran, Karaj, and Arak cities.