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Iran sees decline in gasoline exports

Oil&Gas Materials 26 March 2022 11:29 (UTC +04:00)
Iran sees decline in gasoline exports
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 26. Iran's gasoline exports decreased by 74 percent both in terms of value and volume, during the first 11 months of last Iranian year (March 21, 2021 through February 19, 2022), compared to the same period preceding Iranian year, Trend reports via the statistics of Islamic Republic of Iran Customs Administration (IRICA).

According to the statistics, Iran exported about 1.9 million tons of gasoline worth $715 million over 11 months.

Reportedly, Iran's gasoline consumption has exceeded 112 million liters from March 16 to March 23, 2022.

The rise of gasoline consumption started prior to the Nowruz holiday and the early days of the new Iranian year (started March 21, 2022).

According to the report of the National Iranian Oil Refining and Distribution Company (NIORDC), Iran currently produces an average of 95 million liters of gasoline daily.

At present, Iran has the potential to produce 103-105 million liters of gasoline daily.

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