Abadan Refinery Output at 19b Liters

Abadan Refinery Output at 19b LitersAbadan Refinery Output at 19b Liters

More than 19 billion liters of petroleum products were produced in Abadan Refinery in Khuzestan Province in the previous Iranian calendar year (ended March 20), the refinery’s managing director said, Shana News Agency reported on Saturday.

Habibollah Abolhosseini said the refinery produced a total of 19.2 billion liters of oil byproducts, including 4.2 billion liters of gasoline, 6.4 billion liters of diesel fuel and 1.2 billion liters of liquefied petroleum gas (LPG) as well as kerosene and mazut. In addition, it processed around 133 million barrels of oil.

The refinery also supplied nearly 11.5 million liters of jet fuel.

Abadan refinery was heavily destroyed during the initial stages of the Iraqi invasion in 1980 in the Iran-Iraq war. Its oil output is presently estimated at 429,000 barrels per day.

 Gas Supply to Power Plants

Plans call for increasing gas delivery to power plants nationwide by seven billion cubic meters by the end of the year, Hamidreza Aghari, managing director of the National Iranian Gas Company (NIGC) said.

Araghi reiterated that the NIGC will supply 57 bcm of gas to power stations by March 2016. It supplied more than 50 bcm of gas to power plants in the past year, approximately a 30-percent year-on-year rise.

He added that increasing gas supply to power stations curbed LPG consumption as feedstock by $6 billion, a measure that also helped reduce pollution.

Iran holds an estimated 17 percent of the world’s proven natural gas reserves, with South Pars gas field in the Persian Gulf having roughly 40 percent of the total reserves. Despite holding the second biggest gas reservoirs in the world, the upward trend of gas consumption in recent years has compelled the government to import gas in times of peak demand.