Iran gasoline consumption falls by 5.5 per cent

Iran gasoline consumption falls by 5.5 per cent

Azerbaijan, Baku, Oct.8/ Trend, R. Zamanov/

Iran's average gasoline consumption stood at 68.3 million liters per day in the week ending October 4, the ISNA News Agency reported.

The country's total gasoline consumption in the mentioned week was around 478.3 million liters, which is 5.5 per cent less than the preceding week.

September 28 with 75.3 million liters, and October 4 with 58.1 million liters respectively recorded the highest and lowest rate of gasoline consumption in mentioned week.
Over 6.534 billion liters of gasoline was consumed in Iran during the summer.

The figure is 500 million liters more than the same period of time previous year, the IRNA News Agency reported.

Iran's average gasoline consumption stood at 68.5 and 68.2 million liters per day in the first and second months of summer, respectively.

The figure reached 74 million liters in the third month of summer.

Iran's average gasoline consumption stood at around 71.6 million liters per day in the previous Iranian calendar year, the ISNA News Agency reported.

According to the Deputy Oil Minister Alireza Zeyqami Iran's average gasoline consumption stands at around 63.5 million liters per day.

Kashkouli had also said last month that not implementing the second phase of subsidy reform plan would raise Iran's gasoline consumption to 70 million liters per day, which is 8 per cent more than the current figure.

Implementing the second phase of reform plan would also prevent the country's gas oil consumption to rise by 7 million liters per day, the IRNA News Agency quoted Kashkouli as saying.

Zeyqami said last month that the country will stop producing gasoline in petrochemical complexes by the end of summer.

Once the gasoline production units of Lavan, Abadan, and Tabriz refineries come on stream, the country's gasoline production capacity would surpass Iran's consumption rate so we can stop production gasoline in the petrochemical complexes, the ISNA News Agency quoted him as saying.

Zeyqami went on to note that Iran's production capacity currently stands at 61 million tons per day.

Currently 22 million litters of gasoline conforming to euro 4 and euro 5 standards is being produced in the country, he said.

Zeyqami expressed hope that Tehran's total gasoline production capacity would reach 70 million liters per day by the end of the current Iranian calendar year (March 20, 2014).

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