Iran's gasoline consumption increases by 3%

Business Materials 20 September 2014 14:05 (UTC +04:00)

Baku, Azerbaijan, Sept. 20

By Umid Niayesh - Trend:

Iran's gasoline consumption stood at 12.724 billion liters during the 6-month period from March 21 to 17 September, indicating a rise by 2.7 percent in comparison with the same period last year.

Average daily gasoline consumption reached 70.3 million liters, 1.8 million liters fewer years on year, Iran's official IRNA news agency reported Sept. 20.

The country's gasoline output is currently around 60 million liters, so it needs to import the rest.
On Sept. 15, Shahrokh Khosravani, deputy director of National Iranian Oil Refining and Distribution Company (NIORDC) said that the Islamic Republic has decreased gasoline imports to 4.7 million liters per day from the forecasted figure of 10 million liters, thanks to suitable storage and consumption management.

Iran's gas oil consumption also reached 18.27 billion liters during the six-month period (March 21 to 17 September). About 13.43 billion liters of that amount were consumed in the country's power plants.

Iranian oil ministry seeks to decrease liquid fuel consumption in the country by boosting gas consumption, particularly in power plants. Iran aimed to boost gas supply to power plants to 1,483 billion cubic feet this year to reduce gas oil and fuel oil burning in this sector.

Over 83 percent of total electricity output in Iran is generated in thermal power plants, fueled by diesel oil, fuel oil and natural gas.

Fuelling Iran's power plants by natural gas increased by 40 percent from March 21 to July 22, compared to the same period of preceding year.

The country used 1,271 billion cubic feet of gas, as well as 28 billion liters of gas oil and fuel oil for power generation during last fiscal year, ended on March 2014.

Iran's total liquid fuel output (including gasoline, diesel oil, fuel oil and kerosene) is a little more than 265 million liters per day.