Iran expects surge in gasoline consumption over coming year
Tehran, Iran, March 17
By Kamyar Eghbalnejad – Trend:
A senior Iranian official has forecasted that the country’s gasoline consumption would hike by nine percent over the coming Iranian calendar year (starting March 21).
Mohammad Reza Mousavikhah, the head of the National Iranian Oil Products Distribution Company (NIOPDC), has said that the country’s gasoline consumption over the coming year is expected to reach 88 million cubic meters per day.
The official on Saturday told reporters that the consumption of gasoline over the current year experienced a surge of eight percent.
Iran’s gasoline output grew by 11 million liters following the inauguration of the Persian Gulf Star Refinery last May. According to the official, Iran’s daily gasoline output has reached 77.4 million liters per day.
The country’s in the meantime produces 29 million liters of the Euro-4 gasoline.