Deputy minister: Iran may become gasoline importer in 2 years
Baku, Azerbaijan, Feb. 23
By Elnur Baghishov - Trend:
If no solution regarding fuel and gasoline consumption is applied in Iran, the country will import gasoline in two years, Iran’s deputy oil minister Houshang Falahatian said at the 3rd International Conference on Exploration and Production, Trend reports via IRNA.
He said that presently, Iran can export gasoline.
He noted that Iran can become fuel importer in two years considering that annual fuel consumption has increased by 7 percent.
“This Iranian year (started March 21, 2018), gasoline consumption in Iran has reached an average of 88 million liters a day,” he said.
This is while gasoline production in Iran is more than 100 million liters a day, he noted.
He added that investments should be allocated for construction of a refinery to increase gasoline production, while noting that the ministry has limited financial resources.