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Iran starts test production of Euro 4 gasoline in Abadan refinery

Business Materials 15 June 2015 17:20 (UTC +04:00)

Tehran, Iran, June 15

By Mehdi Sepahvand - Trend:
Iran has started the test production of Euro 4 gasoline at its Abadan refinery. The unit producing the gasoline is to fully come on stream in July, IRIB news agency reported June 15.

Director of the Public Relations of the Abadan Refinement and Distribution Co. Farshid Khaeez said the unit would produce four million liters of Euro 4 gasoline.

He explained that the factory's old gasoline production line has been equipped with SRV and JPV units to help produce gasoline conforming to the latest standards.

The Abadan refinery is the biggest refinery in Iran. It produces six million liters of gasoline per day to provide for 25 percent of the gasoline produced in the country. The refinery is linked to several oil fields and the port of Mahshahr through pipelines.

Iran has on average imported some six million liters of gasoline per day during the first three months of the current Iranian fiscal year (started on March 21), Mohsen Ghamsari, international affairs director at the National Iranian Oil Company (NIOC) said June 15.

Iran's average gasoline imports stood at 4.5 million liters per day during last fiscal year, indicating a decline by 122 percent compared to 10 million liters of gasoline importe daily in the preceding year.

Iran faces problems with gasoline import due to international sanctions against the country.

Iran is expecting to inaugurate new refinery projects by the end of the current Iranian fiscal year (March 20, 2016), whereby it will increase its gasoline production capacity from the current 62 ml/d to about 80 ml/d.

Edited by CN

Follow the author on Twitter: @mehdisepahvand

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