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Iran's largest gasoline-refining unit put in action

Business Materials 23 November 2015 15:03 (UTC +04:00)

Baku, Azerbaijan, Nov. 23

By Fatih Karimov- Trend:

Iran's largest gasoline producing unit in Esfahan refinery came on stream, the Islamic Republic's deputy oil minister, Abbas Kazemi said Nov. 23.

The refinery has a capacity to produce seven million liters of Euro-4 gasoline per day, Kazemi said, Mehr news agency reported.

By inaugurating the new unit, Iran's gasoline production capacity has increased to 24 million liters per day, he added.

The second phase of the Esfahan refinery's gasoline production unit will come on stream next year, Kazemi said, adding the new phase will have capacity to produce 12 million liters of gasoline per day.

The official further said that Iran is going to begin operating three new gasoline production complexes in the new future.

Once the projects including the gasoline production sections at Lavan, Bandar Abbas and Persian Gulf Star refinery come on stream Iran will only distribute Euro-4 gasoline in large cities, he added.

The Bandar Abbas refinery's gasoline production unit will have the capacity to supply the market with four million liters of Euro-4 gasoline, he said.

Kazemi further noted that the first phase of Iran's Persian Gulf Star refinery will produce 12 million liters of Euro-4 gasoline once come on stream.

In the first six months of the current Iranian year, 66 gasoline cargos were brought to Iran, three of which were returned due to their not meeting expected standards.

Daily gasoline consumption in Iran stands at 75 million liters averagely.

The country's gasoline output is currently some 64 million liters, requiring the country to import enough to meet domestic requirements. To date, the Islamic Republic only imports Euro-4 gasoline.

Iran is now importing 6.5 million liters of gasoline, on average, per day.

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