Export of petroleum products (naphtha, diesel and gasoline) from the Persian Gulf Star Refinery, a subsidiary of the National Iranian Oil Refining and Distribution Company in the port city of Bandar Abbas, experienced a 200% growth in 2020 compared to a year ago, the refinery’s managing director said.
“An estimated 1.6 million tons of oil derivatives went to international markets in 2020,” Oil Ministry’s news service also quoted Mohammad Ali Dadvar as saying.
“The US sanctions and fluctuations in oil prices notwithstanding, exporting gasoline is on the government agenda. Whenever there is an inventory surplus, it can be sold via Iran Energy Exchange [with less difficulty compared to crude].”
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