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Imbalance Between Gasoline Output, Consumption Growing

The disparity between supply and demand is estimated to be around 5 million liters per day and NIOC’s statistics indicate that it will soon rise further
Imbalance Between Gasoline Output, Consumption Growing
Imbalance Between Gasoline Output, Consumption Growing

The gap between gasoline supply and demand is getting wider, as the former remains constant while the latter is on the rise, the head of Iran Energy Association said.
“To redress the imbalance in the short run, oil officials will have to either tap into the strategic gasoline reserves, or add organic chemical compounds such as benzene to the fuel to raise the volume of production,” ILNA also quoted Hashem Oraei as saying. 
The disparity between supply and demand is estimated to be around 5 million liters per day and statistics released by the National Iranian Oil Company indicate that it will soon rise further, he added.
The official noted that Iran’s strategic gasoline reserves stand at 4 billion liters.

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