News ID: 118719
Published: 0732 GMT May 24, 2015

Premium gasoline output to near 80m liters by March

Premium gasoline output to near 80m liters by March

Premium gasoline production capacity will reach almost 80 million liters per day in the year to mid-March 2016, said a director of the National Iranian Oil Refining and Distribution Company.

Saeed Mahjoubi further said at present, when the refineries are not undergoing any major maintenance operation or overhaul, the output capacity for gasoline stands at 62 million liters per day, Mehr News Agency reported.

"Currently there is no shortage of premium gasoline."

He noted four refinery projects, namely Isfahan, Bandar Abbas, Lavan and Abadan, will be completed by March 2016. Once these units go on stream, Iran's gasoline output will exceed 67 million liters per day.

"In addition, this year, the first phase of the Persian Gulf Star Refinery will go on stream. Once operational, the phase will produce 12 million liters of Euro 5 gasoline daily."

Production and distribution of premium gasoline varies according to demand, he said.

Currently, Isfahan and Arak oil refining companies produce 2 million liters of gasoline each. Also, a minor portion of the demand is supplied through imports.

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