Daily gasoil output exceeds consumption by 16m liters

February 11, 2019 - 20:16

TEHRAN - Director of supply and distribution at National Iranian Oil Products Distribution Company (NIOPDC) said the country’s daily gasoil production is 16 million liters more than the consumption, IRNA reported.

According to Mojtaba Delbari, since the beginning of the current Iranian calendar year (March 21, 2018) Iran’s daily gasoil output has stood at 98.2 million liters while the daily consumption has reported to be 81.8 million liters.

“With the third phase of Persian Gulf Star Refinery becoming operational, the country’s potential capacity for storing refined products like gasoline and gasoil has increased significantly.” He noted.

As reported, Iran’s current daily gasoline production stands at 105 million liters.

Persian Gulf Star Refinery in the southern province of Hormozgan is the first of its kind designed based on gas condensate feedstock received from South Pars gas field which Iran shares with Qatar in the Persian Gulf.

EF/MA