Crude refining capacity in Iran, including gas condensates, is 2.3 million barrels a day, director of the National Iranian Oil Refining and Distribution Company said.
“The capacity shows 43% rise compared to 2001 when it was 1.6 million barrels a day,” Alireza Sadeqabadi was quoted as saying by ISNA.
The high capacity notwithstanding, so long as mazut output is not curbed in refineries, the loss borne by refineries will outweigh their profit, he said.
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