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Iran daily gasoline consumption rises slowly

Business Materials 20 October 2014 15:39 (UTC +04:00)

Tehran, Iran, Oct. 20

By Milad Fashtami - Trend:

Iran's average gasoline consumption increased to 69.6 million liters per day in the week to October 17.

Totally some 487.2 million liters of gasoline were consumed in Iran in the mentioned week, Iran's IRIB News Agency reported on October 20.

The figure was 483.5 million liters in the preceding week.

October 16 with 76.1 million liters, and October 17 with 62.3 million liters respectively recorded the highest and lowest rate of gasoline consumption in the mentioned week.

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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