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Iran's Shazand refinery produces over 3B liters of Euro-4 gasoline

Business Materials 2 November 2014 14:13 (UTC +04:00)

Tehran, Iran, Nov. 2
By Milad Fashtami - Trend:

Shazand oil refinery, located in the central province of Markazi, produced over 3.039 billion liters of gasoline conforming to Euro-4 standard in the first seven months of the current Iranian calendar year (March 21 - October 22).

The refinery also produced 2.78 billion liters of diesel oil conforming to Euro-4 standard in the mentioned period, Iran's SHANA News Agency reported on Nov. 2.

Some 120 million liters of super gasoline were also produced in the seven-month time span.

Iran needs to import around 10 million liters of gasoline daily to meet its domestic demands.

The country only imports gasoline conforming to Euro-4 standard as import of Euro-2 gasoline has been banned.

The Former Managing Director of the National Iranian Oil Products Distribution Company (NIOPDC) Mostafa Kashkouli 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 a capacity of producing 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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