Iran to increase Euro 4 standard gasoline production by 1 million liters

Iran to increase Euro 4 standard gasoline production by 1 million litersIran will increase Euro 4 gasoline production capacity by some 1 million liters, or 20,000 barrels per day in August, Iran’s Minister of Petroleum Rostam Ghasemi said.
Iran’s total Euro 4 gasoline production capacity will be increased to 23 million liters after a new gasoline production project in the Tabriz refinery goes online in August.
Currently, the refinery’s gasoline production capacity hits 2.6 million liters per day. After the upgrade, the gasoline produced by the refinery will be upgraded to Euro 4 quality.
The Tabriz refinery provides 7% of the country’s total oil products needs.
According to the report, the Tabriz refinery’s other products’ capacity includes 6 million liters of diesel fuel, 2 million liters of kerosene, 320 tons of LPG, and 21,000 barrels of fuel oil per day.
Iran produces 22 million liters of Euro 4 gasoline per day, including 3 million liters at the Abadan refinery, 3 million liters at Tehran’s Tondgooyan refinery and 16 million liters at the Shazand Imam Khomeini refinery, the report said.
Iran has started distributing Euro 4 quality gasoline in Tehran, Karaj, Ahvaz, and Arak. The country plans to boost gasoline production up to 70 million liters a day by the end of March 2014, Deputy Oil Minister Alierza Zeyqami said.
The U.S. imposed sanctions to curtail Iran’s imports of gasoline in 2009. Previously, Iran used to import 40% of its domestic gasoline.
Iran’s average gasoline consumption stood at around 71.6 million liters per day in the previous year.
(July 22, 2013)