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Gasoline Imports Likely in 2023

Gasoline inventories are full at present and NIORDC has no worries in meeting demand in the current fiscal year. Nonetheless, imports are very likely next year, as the current production capacity at 102 ml/d will not change next year
Gasoline Imports Likely in 2023
Gasoline Imports Likely in 2023

The National Iranian Oil Refining and Distribution Company has no plans to import gasoline unless the current unsustainable consumption pattern changes for the worse, said the director of coordination and production supervision at the state-run firm.
“Daily gasoline consumption in Iran has exceeded 96 million liters and it is projected to surpass 110 ml/d in 2023, in which case import will become inevitable,” Saeed Maddah-Moravvej was also quoted as saying by ISNA.
Gasoline use amounted to 76 ml/d in 2020, which then soared to 86 ml/d in 2021 and now it is close to 96 ml/d, he added.
“Inventories are full at present and NIORDC has no worries in meeting demand in the current fiscal year. Nonetheless, imports are very likely next year, as the current production capacity at 102 ml/d will not change next year.”

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