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Development plans to increase Iran’s gasoline output to 70 million liters

Iran Materials 27 November 2011 14:09 (UTC +04:00)

Azerbaijan, Baku, Nov.27 / Trend, F.Milad/

Four development plans will come on stream by late current Iranian calendar year (March 20, 2012), increasing the country's gasoline production capacity to 70 million liters per day, Mehr news agency reported.

Gasoline production in Iran will be increased by 16 million liters by late year, Shana news agency quotes the Iranian Deputy Oil Minister Alireza Zeighami as saying earlier this month.

Iranian gasoline imports have slumped by as much as 95 percent over the last four years, according to official government data, as rising refinery capacity and lower fuel subsidies help neutralize western sanctions aimed at starving Tehran of fuel.

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