Iran’s gasoline production capacity to hit 71 ml/d

TEHRAN (FNA)- Iran’s gasoline production capacity will reach 71 million liters per day in the near future, Head of the National Iranian Oil Refining And Distribution Company (NIORDC) Alireza Zeighami said.

Addressing the inaugural ceremony of an upgrading plan at Lavan oil refinery, Zeighami said gasoline production at domestic oil refineries that are producing 58 million liters of gasoline per day, is on the rise rapidly; adding gasoline production capacity of the country, including production by petrochemicals plants, stands at 65 million liters per day.

He said gasoline production will hit 71 million liters per day upon completion of new development plans at Tabriz, Isfahan and Bandar Abbas oil refineries in the near future.

In 2006, domestic oil refineries produced 44 million liters of gasoline per day while imports stood at 27 ml/d, but these days the country is self-sufficient in gasoline production and will join the club of gasoline exporters in the future, NIORDC’s head said.

Elsewhere in his remarks, Zeighami said, “While Lavan oil refinery’s annual value added stands at 3000 billion rials now, its annual profit was just 90 million rials in the past.”

According to Zeighami, NIORDC will pursue diversification of oil products through building new oil refineries in the country in a bid to curb selling crude oil.

He went on to say that distribution of euro-4 gasoline which has started in the capital will extend gradually to other cities across the country.

All the oil products are being produced by Lavan oil refinery enjoying euro-4 specifications, the official said adding the refinery with processing capacity of 60 thousand barrels of oil per day has raised gasoline production capacity from 1 to 2.8 and gasoil production capacity from 1.7 to 3 million liters per day.

By Fars News

 

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