Iran’s diesel exports hit historic record since 2000

Baku, Azerbaijan, Jan. 12

By Dalga Khatinoglu - Trend:

Iran announced Jan. 11 that during the last nine months it exported 1.25 billion liters of diesel thanks to a decrease in use of liquid fuel by power plants.

According to Iranian Energy Ministry's latest weekly report, the diesel consumption in Iranian power plants fell by 38.4 percent to 4.342 billion liters during a period from March 21 to Dec. 31 (10 months and 11 days of current Iranian fiscal year), while natural gas consumption rose by 16.8 percent to 46.847 billion cubic meters.

The export of 1.25 billion liters of diesel in the last nine months suggests that the country's daily diesel exports reached 4.63 million liters per day, indicating a historical record since 2000, when Iran exported 6.8 million liters of diesel per day.

Iran didn't import diesel from 1998 to 2005 - a period during which the country's average diesel exports were about 2.34 million liters per day.

There isn't exact data about Iran's total diesel consumption during last two years, but official reports of National Iranian Oil Refining and Distribution Company indicate that the country's diesel consumption in 2013 was 105.4 million liters per day, 8.4 percent more than the previous year, while the production level was 97.7 million liters per day.

During the current Iranian fiscal year, some 12.1 billion liters (33 million liters per day) of diesel was consumed by power plants, 57 percent more than the previous year due to gas shortages, especially in winter.

During the fiscal year from March 2013 to March 2014, Iran consumed 96 million cubic meters per day (mcm/d) of gas and 15.2 billion liters of fuel oil in power plants.

Date

Iran diesel consumption

(million liters per day)

Diesel consumption in Iran's power plants (million liters per day)

Iran diesel production

(million liters per day)

Iran diesel imports

(million liters per day)

2000/2001

66.7

3.4

69.9

0

2010/2011

95.2

16

85.2

4.2

2011/2012

96.75

25.3

94.7

0.5

2012/2013

97.21

21

93.6

6.5

2013/2014

105.4

33.1

97.7

6.1

Iran stopped diesel imports in 1998, but then became a net diesel importer in 2005 until early 2015. The country's diesel bunkering also reached 215,000 tons in 2013.

Iran's transportation sector shared about 50 percent of the country's total gas oil consumption in 2013, while power, industrial and agriculture sectors shared 29 percent, seven percent and 10 percent, respectively.

During the current fiscal year, Iran not only stopped gas oil imports, but it also renewed net gas exports thanks to significant decrease in diesel usage in the power sector.

Iran increased raw gas production capacity by 100 mcm/d in 2014 to 660 mcm/d, while the same growth pace is expected for the current year. Iran says it is preparing to increase this volume to 1,000 mcm/d by 2018.

---

Dalga Khatinoglu is an expert on Iran's energy sector and head of Trend Agency's Iran news service

Azerbaijan discloses number of coronavirus tests
Azerbaijan discloses number of coronavirus tests
Agent bank of two more liquidated banks chosen in Azerbaijan
Agent bank of two more liquidated banks chosen in Azerbaijan
Azerbaijan plans to increase Virginia tobacco production
Azerbaijan plans to increase Virginia tobacco production
Loading Bars
Latest
WHO recommends wider use of face masks to curb COVID-19
Facebook says it found no foreign interference targeting U.S. protests
Trudeau takes a knee at anti-racism protest on Parliament Hill
Trump orders 9,500 US troops to leave Germany
Finland's finance minister steps down over training payments
5.2-magnitude quake jolts eastern Turkey
EU countries agree on coordinated, non-discriminatory lifting of travel ban
Turkey: Daily coronavirus recoveries up with over 1,600
UK COVID-19 deaths top 40,000 as another 357 patients die
ADB eyeing agreement signing on road reconstruction in Kazakhstan
Azerbaijan discloses number of coronavirus tests
Italy's COVID-19 death toll up 85 to 33,774
Tourists from Israel may be among first visitors to Georgia
Agent bank of two more liquidated banks chosen in Azerbaijan
Azerbaijan plans to increase Virginia tobacco production
Central Bank of Iran seeks to unfreeze foreign currency sources abroad
Azerbaijan Wine Producers & Exporters Association eyes new markets for export
Kazakhstan's Shymkent to oversee implementation of various agro-industrial projects
Azerbaijan’s Technol plant talks about production plans
Georgia begins construction of Namakhvani HPP cascade
Azerbaijan’s Elektrogas company testing latest models of heating equipment
Industrial parks to appear in Kazakhstan's Almaty
Agrarian Credit & Development Agency talks subsidies issued to Azerbaijani farmers
Turkmenistan develops packers to increase oil field productivity
Construction of Georgian Kutaisi bypass road nearing completion
Embassy: Romania, Georgia enjoy excellent relations
More than half of financial irregularities in Azerbaijan fall on accounting and reporting
Wind power plant construction underway in Kazakhstan's Zhambyl
Azerbaijan extends project on supporting women's entrepreneurship
Polish company installing new systems at Kutaisi int'l airport in Georgia
Azerbaijan eyes exporting textile products to Russia, Arab countries
One more professional participant registered in Azerbaijan's insurance market
Uzbek United Processing Center to improve e-business environment in country
Georgia, Poland discuss resumption of air traffic
Federal Ministry: Germany seeks to further expand its relations with Azerbaijan
Azerbaijani association talks planned volume of hazelnut export
Users of fixed internet doubles in Georgia
Global Environment Facility supports environmental project of Uzbekistan
Azerbaijan detects 338 new COVID-19 cases
WeWork Global to invest $100 million in India business
Azerbaijani Tax Service comments on changes to Tax Code
TAP project’s schedule remains unchanged
Canada gains surprise 289,600 jobs in May, jobless rate hits record
Georgia to open skies to international flights
Turkmenistans Turkmenstandartlary extends tender to buy lab equipment
144 Azerbaijani citizens return from Ankara to Baku via Azerbaijan Airlines' flight (PHOTO)
Turkmenistan's Kaakhkinsky district expands areas for vegetable, fruit crops
Solar plant capacity to be increased in Kazakhstan's Karaganda
Kazakh FlyArystan suspends flights to regional center of West Kazakhstan
Uzbekistan sells state shares in wine cluster of Samarkand region
Georgia discloses amount of funds spent on quarantine space
Uzbekistan may lock co-op with Israeli geotechnical engineering company
Review of microfinance organizations' ratings in Georgia
Azerbaijan’s AccessBank ended 2019 with profit
Germany strengthens cooperation with Uzbekistan
Volume of fuel oil shipment via Turkish ports from Jan. through Apr. 2020 announced
Azerbaijani AccessBank’s liabilities decrease
Uzbekistan to upgrade infrastructure of Fergana region's district
Volume of Turkish mining industry products export declines
Azerbaijan's ministry talks postal services work during quarantine
No progress in latest round of EU-Brexit talks
LVMH backs down on renegotiating Tiffany deal
Azerbaijani MFA: Armenia may face severe consequences of its policy
Azerbaijani Energy Minister to attend OPEC+ Ministerial Meeting
Turnover of electric power surges in Azerbaijan
Azerbaijan's textile factory discloses knitwear production capabilities
Spain to open to foreign tourism from July 1
Cargo shipment volume from Ukraine via Turkish ports announced
Google Chrome's share in Azerbaijan's browser market grows
Nine insurance companies’ claims shrink in Azerbaijan
Turkmenistan, Russia discuss co-op within int'l organizations
Turkmenistan assesses environment, following 'day without cars'
France's import of grain, legumes from Turkey down
Coal railway cargo transportation up in Kazakhstan
Kazakhstan's AIFC to bring more revenue to state budget by project co-funding
Jewelry export from Turkey to foreign markets downgrades
South Korean Sejin G&E to bring gas-based power production to Uzbekistan
Turkmenistan's Health Ministry to buy medicines via tender
Uzbek-Chinese JV opens tender for procurement of mobile lifting machinery
British luxury carmaker Bentley to cut quarter of workforce
Presidents of Georgia, Albania may open direct flights
Canada interested in cooperation with Uzbekistan
WoodMac expects significant increase in 2021 oil demand
Azerbaijani parliament approves bill on 2019 budget fulfillment in first reading
Turkmenistan strives for saving Caspian Sea resources during COVID-19
Kazakhstan's KAZ Minerals ups funding for copper project in Russia
Volume of jet fuel transshipment through Turkish ports announced
Azerbaijan’s Elektrogas LLC talks manufacturing gas-fired water heaters
Azerbaijan creating its first biosphere reserve
Georgia, Germany, France discuss creating safe travel corridors
Iran restoring water level in Lake Urmia
All permits in place for new technology at Azerbaijan’s Kursangi, Garabagli fields
Israel-Georgia Chamber of Business boosting cooperation with Israeli LAHAV
Bombardier to cut 2,500 aviation jobs as COVID-19 hurts sales
Ambassador: Open market economy to help Georgia to become richer
Iran to discuss details of budget plan reform
Kulevi oil terminal holds annual inspection of all safety equipment
Assets of Azerbaijan’s AccessBank surge
Malaysia reports 19 new coronavirus cases, one new death
Kazakh-German oil extracting JV to buy spare parts via tender
All news