Baku, Azerbaijan, March 3
By Farhad Daneshvar - Trend:
Iran is expected to increase its daily production of Euro 4 gasoline to 35 million liters in the coming summer.
"We hope to increase the production of Euro 4 gasoline to 35 million liters per day in summer following the implementation of the new phase of Bandar Abbas refinery," SHANA news agency quoted the Iranian deputy oil minister, Abbas Kazemi, as saying March 3.
Once the Oil Ministry manages to produce 35 million liters of gasoline per day, half of gasoline produced in the country will meet the Euro 4 standard, he added.
According to Kazemi, Iran currently produces 24 million liters of the Euro 4 gasoline, which accounts for the 40 percent of the country's gasoline production.
He also voiced the ministry's plan to produce 29 million liters of the Euro 4 gasoline in spring.
Kazemi earlier said that once the projects, including the gasoline production sections at Lavan, Bandar Abbas and Persian Gulf Star refinery come on stream, Iran will only distribute the Euro 4 gasoline to large cities.
The third gasoline production unit of the Isfahan Oil Refinery came on stream on Feb. 3, adding 2 million liters per day to the country's daily gasoline output.
The unit boosted the refinery's total gasoline production to 12 million liters per day, including 8.5 liters per day of the Euro 4 standard gasoline
Daily gasoline consumption in Iran stands at 75 million liters on average.