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Iran Euro-4 gasoline output to reach 40 million liters

Iran Materials 12 May 2014 18:04 (UTC +04:00)

Tehran, Iran, May 12

By Milad Fashtami - Trend:

Iran's production capacity of gasoline conforming to Euro-4 standard will reach 40 million liters per day by the end of the current Iranian calendar year (March 20, 2015).

Managing director of National Iranian Oil Refining and Distribution Company (NIORDC), Abbas Kazemi, said that the figure would account for 62.5 per cent of the country's total consumption, Iran's IRNA News Agency reported on May 12.

"Currently some 20 million liters of gasoline conforming to Euro-4 standard is being distributed in Tehran, Alborz, Arak, and Qom provinces," he explained.

"Bandar Abbas and Isfahan refineries' gasoline production units will come on stream in March and January, respectively. Once the units come on stream' some 20 million liters of gasoline conforming to Euro-4 standard will be added to the country's production capacity, Kazemi noted.

He went on to note that the country's gasoline reserves currently stand at around 2 billion liters.

Iran's gasoline consumption is around 65 million liters per day.

Kazemi said on May 11 that Iran currently imports 5.5 million liters of gasoline per day.

"The average figure was around 3.5 million liters last year," he said, Iran's Tasnim News Agency reported on May 11.

"If the country's consumption rises, we will need to import more gasoline," he explained.

Iran's Mehr News Agency reported on April 14 that the government has ordered the oil ministry to distribute gasoline conforming to Euro-4 standard and high quality diesel oil in big cities.

The priority of distribution would be within the cities with the worst air pollution.

All the gas stations of the Iranian capital Tehran are currently distributing gasoline conforming to Euro-4 standard.

National Iranian Oil Refining and Distribution Company distributes 44 million liters of gasoline and diesel oil conforming Euro-4 standard in the capital daily, Mehr reported on April 8.

Gasoline accounts for 20 million liters of the mentioned figure.

Edited by C.N.

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