 Iran will become self-sufficient in gasoline production in the next two years. The country’s deputy oil minister said that the Islamic republic would become a gasoline exporter by the end of the next Iranian calendar year.
He noted that Iran’s CNG consumption rate will also reach 30 million liters per day by March 20, 2016 (end of the next Iranian calendar).The Islamic republic’s current CNG consumption rate is about 21 million liters per day.
Deputy Director of National Iranian Oil Refining and Distribution Company (NIORDC), Shahrokh Khosravani said that Iran will be able to export 20 million liters of gasoline per day as of next year.
“Currently the country produces 60 million liters of gasoline per day… Iran’s gasoline consumption currently is around 70 million liters per day, so we need to import 10 million liters of gasoline each day,” he said.
“But once the Persian Gulf Star refinery’s gasoline production unit comes on stream, the country’s total production capacity will reach 96 million liters per day, then Iran will be able to export the surplus gasoline which is around 20 million liters per day,” said Khosravani.
The first phase of the Persian Gulf Star refinery with the capacity to produce 12 million liters of gasoline per day will come on stream by 2016.
