Iran to boost refinery capacity to 3.2 mb/d
Azerbaijan, Baku, Nov. 24 / Trend D.Khatinoglu/
Iran planed to increase the refinery capacity from current 1.7 million bareels per day to 3.2 million barrels per day, ISNA quoted Managing Director of the National Iranian Oil Refining and Distribution Company (NIORDC) Alireza Zeighami as saying.
Iran produces 270 million litters of petrochemicals per day by refining 1.7 million barrels of crude oil.
Iran has nine refineries including Abadan, Arak, Bandar Abbas, Isfahan, Tabriz, Tehran, Lavan Island, Shiraz and Kermanshah.
Zeighami stressed that other seven refineries is under construction aimed at boosting the country's refinery capacity to 3.2 million barrels per day until 2016.
Iran will boost Tabriz, Bandar Abbas and Esfahan refineries' gasoline production capacity during the next spring months, whereas, the second phase of gasoline production section of Abadan refinery will be commissioned until March 2012.
In 2010, Iran consumed around 400,000 bbl/d of gasoline, about 4 percent less than it was consumed in 2009. "Iran does not have sufficient refining capacity to meet its domestic gasoline and needs for other light fuel. Iranian gasoline import hit about 78,000 bbl/d in 2010 or nearly 70 percent of total product import.