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Iran unloads 11 million liters of fuel oil per day

Business Materials 23 May 2016 16:01 (UTC +04:00)

Baku, Azerbaijan, May 23

By Fatih Karimov - Trend:

Iran's fuel oil unloading capacity has increased by over 300 percent, Director of Abadan office of National Iranian Oil Products Distribution Company Ali Hekmat said.

Fuel oil unloading has increased from 3.5 million liters to 11 million liters, Hekmat said, SHANA news agency reported May 23.

Iran's Deputy Oil Minister Abbas Kazemi said Dec. 2015 that production of fuel oil in Iran will decrease to 10 percent of the total refining capacity by 2025.

It is expected that in the next four years, the country's demand for fuel oil will be restricted to only two months in a year, according to Kazemi who also serves as the managing director of the NIORDC.

Iran is the world's third major fuel oil producer, which indicates low performance of the country's refineries.

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