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Iran to Export Gasoil in March

Iran to Export Gasoil in MarchIran to Export Gasoil in March

Following a projected increase in gasoil production, and with the marketing assessments carried out, gasoil exports from Iran to international markets will commence in March, said deputy oil minister and managing director of National Iranian Oil Refining and Distribution Company (NIORDC).

According to projections, gasoil production will see a 20 million-liter surplus in the next Iranian calendar year (begins March 21). The surplus capacity could be exported to Iraq and Afghanistan, and also to other countries via sea routes, Abbas Kazemi was quoted by Shana news agency as saying.  

Currently, gasoil is produced in Imam Khomeini (Shazand) oil refinery, and Tehran Refinery. Production stands at 100 million liters, of which around 24 million liters conform to Euro-4 Standards.

Isfahan Refinery, with a total capacity of 375,000 bpd, also produces around 2.5 million liters of gasoil per day for the city’s own consumption.

Euro-4 gasoil production is expected to commence in Lavan Refinery over the next few months. Bandar Abbas Refinery, a subsidiary of NIORDC, will also produce Euro-4 gasoil as of September, which will “hugely expedite” export of the product, Kazemi stated.

 

Financialtribune.com