Baku, Azerbaijan, July 11
By Emil Ilgar – Trend:
Iran increased gas oil exports 4.3 times in the first quarter of the current fiscal year, which started on March 21.
During the first quarter of last fiscal year, Iran exported three million liters per day of gas oil, but the figure for the same period in the current fiscal year reached 13 million liters per day, head of National Iranian Oil Products Distribution Company (NIOPDC), Seyed Naser Sajjadi told IRNA July 11.
He said gas oil consumption decreased in Iran’s power plants and the decline will continue, so, it is expected that Iran's gas oil exports will reach an average of 20 million liters per day during the current fiscal year.
Sajjadi added that gas oil consumption in Iran decreased from 78 million liters per day last spring to 68 million liters per day in current spring.
An official source in oil ministry told Trend on July 11 that it is planned to export 16 million liters per day of gas oil in the current fiscal year, while the figure will increase to 37 million liters per day and 47 million liters per day in the coming two years, respectively.
He added that the gas oil export will reach around 65 million liters per day in 2021.
Iran produced 89.39 million liters per day of gas oil the last fiscal year.
Iran exported 5.1 million liters per day of gas oil the last fiscal year.