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Iran’s gasoline consumption surges amid economic challenges

Oil&Gas Materials 17 August 2023 13:48 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, August 17. On average, 120 million liters of gasoline have been consumed daily in Iran from the beginning of the current Iranian year (from March 21, 2023) to August 17, said Ali Akbar Nejadali, the CEO of the National Iranian Oil Products Distribution Company (NIOPDC), Trend reports.

Nejadali noted that this shows that daily gasoline consumption in Iran has increased by 13 percent compared to the same period last year.

The CEO added that even on some days, gasoline consumption in the country reached 142 million liters per day, which is a record for the current year.

The Iranian side states that, on average, 115 million liters of gasoline and 112 million liters of diesel are currently produced daily in Iran.

At present, over 70 percent of gasoline and diesel in the country (75 million liters of gasoline and 70 million liters of diesel) is produced in accordance with Euro 4 and Euro 5 standards.

By March 20, 2027, it is planned to produce more than 75 percent of gasoline and diesel in accordance with Euro 4 and Euro 5 standards.

Currently, 2,286,000 barrels of crude oil and gas condensate are processed by Iran’s 10 oil refineries per day.

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