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Iran's Isfahan Refinery daily gasoline output up 3 million liters

Iran Materials 28 May 2012 10:20 (UTC +04:00)

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

Isfahan Refinery, central Iran, will boost its gasoline production by three million liters per day, an official told Shana News Agency.

The gasoline production unit of the refinery will be inaugurated in the current calendar year, which ends on March 20, 2013, the official said, adding that the gasoline output will be increased to 12 million liters per day.

A number of petrochemical projects will come on stream by the end of the current year, which will boost the country's gasoline output by around 12 million liters per day, the National Iranian Oil Production and Distribution Company's managing director said earlier this month.

Gasoline production units at the Imam Khomeini, Shazand, Abadan, Tondgouyan and Lavan refineries will be put into operation by the end of the year, Alireza Zeighami said, ISNA News Agency reported.

Iran exported over 132,000 tons of gasoline, worth around $134 million, in the past calendar year.

According to the Customs Administration data, the gasoline exports rose by 127 percent in value and 108.5 percent in volume, respectively, compared to the previous year.

Armenia, Afghanistan, UAE, Iraq and Oman were the destinations for Iranian gasoline, the report said, adding that Afghanistan was the major importer, accounting for $51.6 million of the total exports.

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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