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Iran's daily gasoline consumption rises to 80 million liters

Business Materials 18 September 2014 08:37 (UTC +04:00)
Iran’s gasoline consumption reached 80 million liters per day in the previous week.
Iran's daily gasoline consumption rises to 80 million liters

Tehran, Iran, Sept. 16

By Milad Fashtami - Trend:

Iran's gasoline consumption reached 80 million liters per day in the previous week.

The figure was around 69 million liters per day in the end of the fifth calendar month (August 22), Iran's Fars News Agency reported on September 16.

The sharp rise in consumption is due to a rise in the number of summer trips.

The Former Managing Director of the National Iranian Oil Products Distribution Company (NIOPDC) Mostafa Kashkouli had previously estimated that Iran's gasoline consumption will reach 74 million liters per day in the current year.

The country's gasoline output is currently around 60 million liters, so it needs to import the rest.

Shahrokh Khosravani, deputy director of National Iranian Oil Refining and Distribution Company (NIORDC), said on June 9 that Iran will be able to export 20 million liters of gasoline per day as of next year.

"Once the Persian Gulf Star refinery's gasoline production unit comes on stream, the country's total production capacity will reach 96 million liters per day," Khosravani said.

"Then Iran will be able to export the surplus gasoline which is around 20 million liters per day," he noted.

He went on to note that the first phase of the Persian Gulf Star refinery (with the capacity to produce 12 million liters of gasoline per day) will come on stream by the end of the next Iranian calendar year (March 20, 2016).

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