Iran to reach stable status in gasoline production by Mar. 2018

December 16, 2017 - 21:9

TEHRAN- Iran will reach a stable status in gasoline production once the second phase of Persian Gulf Star Refinery comes on stream, Oil Minister Bijan Namdar Zanganeh told IRNA on Saturday.

He said the second phase is scheduled to be inaugurated by the end of current Iranian calendar year (March 20, 2018).

The average daily production of gasoline in Iran during the first eight months of the current Iranian calendar year (March 21- November 21) reached 74.4 million liters to register an eight-percent rise compared to last year’s eight month output.

The country’s refineries produced 68.8 million liters per day of gasoline during last year’s first eight months, according to National Iranian Oil Refining & Distribution Company (NIORDC).

Of the mentioned daily production, 25.824 million liters was reported to be Euro 4 gasoline, 16 percent more than the figure for last year’s eight months.

Meanwhile, according to a report by Mehr news agency, the first shipment of Euro 5 gasoline produced by Iran’s Persian Gulf Star Refinery was delivered to Shahid Rajaee port in south of the country on December 3.

MA