Iran Refiners Ramp Up Output

Iran has been exporting gasoline for two plus years despite the tough US sanctions. Industry data show Tehran has not only managed to continue exports, but has boosted foreign sales of the fuel three-fold
Iran Refiners Ramp Up Output Iran Refiners Ramp Up Output

Oil refining companies in Iran are doing reasonably well as production and export of gasoline has been of the ascending order in the past 14 years.
The National Iranian Oil Refining and Distribution Company (NIORDC), a subsidiary of the National Iranian Oil Company, imported 30 million liters of gasoline per day in 2006 to meet the demand that was around 55 ml/d at the time, IRNA reported.
As refining expansion took hold between 2007 and 2014 (in Lavan, Banda Abbas, Abadan, Arak and Isfahan), output increased and imports were cut to 7 ml/d in 2015 when demand was 70 ml/d.
After inauguration of the first phase of Persian Gulf Star Refinery in Hormozgan Province in 2018, import of the strategic fuel was consigned to history. With completion of the second and third phases (of PGSR), NIORDC started exporting gasoline as supply outweighed demand for the first time in four decades.


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