Mazut Output Dipping Slowly

As long as refineries do not make strategic plans to convert mazut into higher value-added products such as gasoline or diesel, they will have to continue their business with the lowest ratio of profitability
Mazut Output Dipping Slowly
Mazut Output Dipping Slowly

The production of mazut, the environmentally-harmful fuel, in Iran’s refineries has experienced a 23% decline since 2014.
Based on information from the National Iranian Oil Company and the Oil Ministry, the mazut output in refining complexes was around 80 million liters (500,000 barrels) eight year ago, which has now reduced to 65 million liters/day (400,000 barrels).
The inauguration of the Persian Gulf Star Refinery in Bandar Abbas, Hormozgan Province, in mid-2017 not only increased refining output capacity but also improved the quality of oil derivatives like gasoline and diesel and reduced mazut production. 


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