Iran to add 20m litres to gasoline output by mid-June

Iran Materials 11 January 2012 16:14 (UTC +04:00)

Azerbaijan, Baku, Jan. 11 / Trend F.Milad/

A number of petrochemical projects will come on stream by the end of spring (June 21), boosting the country's gasoline output by around 20 million litres per day, the National Iranian Oil Production and Distribution Company's managing director said.

Gasoline production units at the Imam Khomeini, Shazand, Abadan, Tondgouyan and Lavan refineries will be put into operation by mid-June, Alireza Zeighami told the Shana news agency.

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

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