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Iran plans to boost euro-4 gasoline and diesel fuel output

Business Materials 3 May 2015 17:04 (UTC +04:00)

Baku, Azerbaijan, May 3

By Fatih Karimov - Trend:

Iran plans to boost its euro-4 gasoline and diesel fuel output by 100 million liters per day, Shana news agency reported on May 3.

The construction of the Persian Gulf Star refinery started in 2006. The refinery is projected to come on stream by 2025 and will increase the country's euro-4 gasoline and diesel fuel output by 100 million liters per day, the report added.

The refinery will produce 35.6 million liters of euro-4 gasoline, 13.8 million liters of diesel fuel, and 360,000 barrels of condensates per day.

Ahmad Adib, the managing director of the Persian Gulf Gas Condensates Refining Company, has said 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 current Iranian calendar year (March 20, 2016).

Shahrokh Khosravani, deputy director of National Iranian Oil Refining and Distribution Company (NIORDC), said in June 2014 that Iran will be able to export 20 million liters of gasoline per day.

"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."

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