61246
Gasoline Reserves at 1b Liters to Meet Holiday Demand
Gasoline Reserves at 1b Liters to Meet Holiday Demand

Gasoline Reserves at 1b Liters to Meet Holiday Demand

Gasoline Reserves at 1b Liters to Meet Holiday Demand

More than 1 billion liters of gasoline is stored to meet the demand during the annual Nowrouz holiday season that begins next week, the chief executive of National Iranian Oil Products Distribution Company said in a statement.
According to Mansour Riahi, an average of 74.2 million liters per day of gasoline was sold in the past 11 months, up 5.1% compared to the same period in the previous year. But demand is expected to shoot up during the Persian New Year – the longest holiday in Iran, IRNA reported on Saturday.
According to official reports, in the space of 17 days during the last Nowruz, Iranians burned roughly 1.5 billion liters of gasoline, or 85.5 million liters per day, as consumption saw a record high of 106 million liters in one day. For many Iranians, the holidays begin ahead of March 21, the first day of the New Year, and extend for almost two weeks.
According to Tasnim News Agency, the government imported 34 million liters per day of gasoline since February 19 to meet the high and rising demand of the holidaymakers.
The Rouhani administration says Iran will become independent in gasoline production this year upon the launch of major refinery, the Persian Gulf Star Refinery, which is touted as the largest crude processing plant in the Middle East.

 

Short URL : https://goo.gl/th4BWx
  1. https://goo.gl/wqHl9D
  • https://goo.gl/pqoh8c
  • https://goo.gl/mM7jdI
  • https://goo.gl/2gjU4u
  • https://goo.gl/MqUInQ

You can also read ...

BP: Electric Vehicles to Cut Oil Consumption
The emergence of self-driving electric cars and travel sharing...
OPEC Deal Closer to Market Rebalancing
The OPEC deal is closer than ever to meeting its market...
Brent, WTI Prices Slide Over Higher US Production
Oil prices fell on Wednesday, weighed down by a rebound in the...
SP Phases 17-18  Output Increases
Major overhaul operations in phases 17 and 18 of the giant...
The lion's share of petrochemical exports is bound for China, India and South Korea.
Boosting the country's petrochemical revenues entails...
NISOC in Close Cooperation With Domestic Academic Centers
National Iranian South Oil Company can implement complicated...
Special Devices for Gas Regulating Stations
Some 150 natural gas pressure regulating stations have been...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus