Iran starts diesel export to Europe
Baku, Azerbaijan, Nov. 7
By Fatih Karimov – Trend
Iran has launched diesel export to Europe, Abbas Kazemi, Iran’s deputy oil minister, said.
Kazemi said that Tehran exported 17 million litres of diesel per day to global markets during the first seven months of the current fiscal year (started March 20, 2016), Mehr news agency reported Nov. 7.
Kazemi did not unveil further details about the European destination of Iran’s diesel export or the exported volume.
Iran stopped importing diesel two years ago. Tapping its huge natural gas reserves, Iran has managed to replace liquid fuels with gas at industrial units, power plants, housing sector and even transportation to a great degree.
This has provided the country with an extra supply of liquid fuel available for export.
Kazemi, who heads the National Iranian Oil Refining and Distribution Company (NIORDC), further said that Iran’s oil products outputs’ export capacity has increased to 500,000 barrels per day.
Iran also exports 1000-1500 tons of liquid gas to global markets currently, he added.
Tehran also exported 45 million liters of fuel oil per day during the first seven months of the current fiscal year, Kazemi said.