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Iran’s liquid fuel consumption falls by 10%

Business Materials 28 June 2015 17:51 (UTC +04:00)

Baku, Azerbaijan, June 28

By Umid Niayesh - Trend:

The consumption of liquid fuel including diesel oil and fuel oil in Iran over one week, ending on June 26 amounted for 721.1 million liters.

The figure indicates a fall by 10.4 percent compared to the preceding week.

The number relates to different sections, including power plants, consuming 509.4 million liters of diesel oil and 211.7 million liters of fuel oil, the oil ministry's official SHANA news agency reported June 28.

The peak consumption for diesel oil was registered at 92.5 million liters on June 21(Sunday), and the lowest record was 53.3 million liters on June 26(Friday).

Also, the peak consumption for fuel oil was 37.5 million liters which was registered June 24 (Wednesday), and the lowest record was 26 million liters on June 21 (Sunday).

The report added that the average consumption for the week was 72.771 million liters for diesel oil and 30.242 million liters for fuel oil.

Iran has reduced the supply of liquid fuel to power plants as it plans to replace liquid fuel with natural gas.

Over 50 billion cubic meters of gas were supplied to the country's power plants last fiscal year (ended on March 20), 15 billion cubic meters more compared to its preceding year.

The supply of liquid fuel to power plants was decreased by 1.8 billion liters in the past Iranian fiscal year.

Iran's power sector consumed about 12.686 billion cubic meters of natural gas since the beginning of the current Iranian fiscal year (March 20, 2015) to June 5, 16.5 percent more year on year.

Iranian thermal power plants also consumed about 307 million liters of gas oil as well as 646 million liters of fuel oil for electricity generation during the period.

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

Follow the author on Twitter: @UmidNiayesh

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