Iran’s diesel exports hit historic record since 2000

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

France says latest U.S. trade threats over digital tax a 'contradiction'
France says latest U.S. trade threats over digital tax a 'contradiction'
Trump administration set to bar Chinese passenger carriers from flying to U.S.
Trump administration set to bar Chinese passenger carriers from flying to U.S.
Oil tops $40 for 1st time since March on OPEC cuts, demand recovery
Oil tops $40 for 1st time since March on OPEC cuts, demand recovery
Loading Bars
Latest
Oil moves higher, hovers below $40 as doubts emerge over next step on OPEC cuts
Earthquake jolts Indonesia's Bali, no tsunami alert issued
Azerbaijani president attends ceremony to launch newly renovated “Aghjabadi-2” power substation (PHOTO/VIDEO)
Kazakhstan increases import of chemicals from Turkey
Azerbaijani president inaugurates grain processing plant in Aghjabadi (PHOTO/VIDEO)
Azerbaijani president arrives in Aghjabadi district for visit (PHOTO/VIDEO)
Spain reports first new COVID-19 death since Sunday
Azerbaijani Cabinet of Ministers: Borders remain closed due to current situation
EIB funds construction project in Georgia
TABIB: If people abide by quarantine regime rules, restrictions not to be further introduced in Azerbaijan
Georgia prepares for peach and nectarine harvesting season
Azerbaijani PM to reveal details related to restrictions
Volume of deposits in national currency greatly increases in Azerbaijan
Activity of Facebook users in Azerbaijan keeps growing
Operational Headquarters: Going outside may be banned in some Azerbaijani cities
TABIB: Shopping malls planned to be fully closed on weekend in Azerbaijan
Azerbaijan names economy sector with biggest share of credit investments
Kazakhstan to up its gross agricultural output before year-end
Azerbaijani Cabinet of Ministers:Tightening quarantine regime rules under discussion
Ministry of transport eyes transferring airports of Uzbekistan to foreign investors
Timeframe for orbiting Turkish satellites Turksat 5A, Turksat 6A announced
Azerbaijan discloses data on collection of premiums in insurance market in April 2020
Bank of Georgia launches campaign to support farmers
Iran aims to boost export of mineral products
Azerbaijan confirms 325 new COVID-19 cases
Azerbaijani Azexport portal notes growing export orders after softening quarantine regime
Azerbaijan State Tax Service talks concessions made to taxpayers
Azexport portal talks availability of Facebook Shop in Azerbaijan
Azerbaijani president attends ceremony to launch drinking water supply and sewerage systems in Aghjabadi (PHOTO/VIDEO)
Azerbaijani president inaugurates “ASAN xidmet” center in Aghjabadi (PHOTO/VIDEO)
Azerbaijani president attends ceremony to start grain harvest in Aghjabadi (PHOTO/VIDEO)
Export of carpets from Turkey abroad drops two-fold in May 2020
Association of Uzbek textile manufacturers talks about progress of industry
Travel by railway remains suspended in Georgia
Ambassadors of EU member states interested in reopening tourism sector in Georgia
Turkey's export of defense products from January through May 2020 declines
Magnitude 6.8 earthquake hits northern Chile, copper mines say unaffected
France says latest U.S. trade threats over digital tax a 'contradiction'
SOCAR subsidiary starts producing raw material for medical masks fabric
Azercell introduces new “Mobile TV” service for kids
Trump administration set to bar Chinese passenger carriers from flying to U.S.
Investments help Kazakhstan raise agriculture goods processing
Turkmenistan's Dashoguz region growing foreign potatoes
Italy may use new Kazakhstan-tested platform to track quarantine compliance
Azerbaijani president visits military unit in Aghdam (PHOTO/VIDEO)
Baku Stock Exchange pays interest on bonds of Azerbaijan Mortgage and Credit Guarantee Fund
Georgia, Estonia discuss cooperation in field of transportation, tourism
Agriculture sector digitalization leads to significant money savings in Kazakhstan
Turkey's export of cars abroad from January through May 2020 slips
Airlines cut fares to help boost May traffic
Export of Turkey's export of ready-made clothes down compared to 2019
Georgia expects average cherry crop
Netherlands, Azerbaijan could create train connection
Azerbaijan developing new alternative energy project
Saudi, Russia reach deal on oil cuts, raising pressure for compliance
Uzbek textile products in great demand on French market
German bans digital doppelganger passport photos
Textile industry of Uzbekistan - fastest growing sector of country's economy
Quarantine regime to be strengthened in Kazakhstan’s Almaty city
Azerbaijani enterprise starts exporting canned goods to US
EU implements new projects to support vulnerable groups in Georgia
Payments of insurance claims by four Azerbaijani insurers decline
Export of Turkey's leather products to int'l markets down
Azerbaijani Azexport portal talks Facebook Shops integration
Kazakhstan's Samruk-Kazyna decreases its share in Kazatomprom
ADB continues to support Azerbaijan’s efforts to diversify its energy mix
Turkmenistan’s Turkmenhimiya opens tender to buy various equipment, spare vehicle parts
Turkey's export of wood, furniture abroad from January through May 2020 plummets
Coronavirus negatively affects almost all sectors of Georgian economy
Kazakhstan records decrease in money transfer volume
Oil, gas exploration work to be held throughout Turkey
Uzbek-Korean JV opens tender for procurement of pump repair kit
Hajj pilgrimage from Azerbaijan may not take place this year
Azerbaijan's Agricultural Insurance Fund talks managing company branding
Azerbaijan's pomegranate association aims to increase export volumes
BoE says advising banks to prepare for possible no-deal Brexit
16 insurance companies increase payment of insurance claims in Azerbaijan
Belgium to open bars and restaurants but not nightclubs
Azerbaijani president attends inauguration of Tartar branch of “Azerkhalcha” OJSC (PHOTO/VIDEO)
GNERC: Over 20% of business entities provided with internet services in Georgia
Cargo transshipment through Turkey's Antalya port disclosed
Turkey's export of grain, legumes to int'l markets marginally up
Exhibition of historical Baku photos opens on Baku boulevard (PHOTO)
Azerbaijani pomegranate association reveals new export targets
Turkey's export to D-8 countries down from Jan. through Apr. 2020
Turkmenistan’s Dashoguz region completing preparations for wheat harvesting
Sumgait Technologies Park talks export of aluminum to Central Asia
Cargo transshipment from Greece via Turkish ports disclosed
State share of Kafolat Insurance Company sold in Uzbekistan
Azerbaijan's Central Bank talks problematic insurance companies
Uzbek Ipak Yuli Bank, EBRD increasing their support to entrepreneurs of Uzbekistan
Uzbek-Korean JV buys sockets, switches via tender
Bank loans on rise in Azerbaijan
Turkey, US trade turnover suffers drop in April 2020
Azerbaijani president opens newly renovated highway (PHOTO/VIDEO)
Turkmenistan evaluates new varieties of cotton
Net revenue of Kazakhstan's KazMunayGas plummets in 1Q2020
Turkish ministry reveals cargo transshipment through local Hopa port
Azerbaijani president launches newly renovated 'Tartar' power substation (PHOTO/VIDEO)
Chamber of Commerce talks problems created by ministries' merger in Iran
All news