6756
Diesel Imports insignificant
Energy

Diesel Imports insignificant

Iran has continued to import diesel fuel in the past several months despite earlier announcement on self-sufficiency in diesel production, deputy for international affairs at the National Iranian Oil Company (NIOC) said, ISNA reported Saturday.
Mohsen Ghamsari said, "The volume of diesel imports in the past two months has been insignificant, but was undertaken due to increased demand during the cold season."
In summer, the National Iranian Oil Refining and Distribution Company (NIORDC) announced that Iran is no longer in need of diesel imports due to increased supply of gas and liquid fuels to power plants, and that surplus diesel would be exported.
Ghamsari stressed that "it is temporary and will not continue for long."
The official said 500,000 tons mazut and 100,000 tons of liquefied petroleum gas (LPG) were exported in the March-November period, and the export of other petroleum products was limited.
The National Petrochemical Company (NPC) wants to reduce mazut production and increase the quality of petrochemicals in line with the 'economy of resistance,' a measure proposed by the Leader of the Islamic Revolution Seyyed Ali Khamenei to help counter the sanctions, promote domestic growth and reduce consumption.
Mazut production is expected to be brought down to less than 10 percent in all refineries by 2025.
Additionally, gasoline exports saw a 72 percent decrease in the past eight months compared to the same period last year.

 

Short URL : http://goo.gl/hbDNoQ

You can also read ...

Philippines Struggles to Embrace Renewable Energy
Renewable energy costs are falling across the world, but the...
India to Keep Fuel Prices in Check
India is looking at ways to keep rising fuel prices in check,...
OPEC Not Rushing to Boost Production
OPEC is not in a rush to start winding down the production...
Iran's electricity industry ranks 14th in the world in terms of output.
Driven by its vast potential in the electricity industry, Iran...
Oil Prices Rise as China, US Put Trade War on Hold
Oil prices rose on Monday as markets reacted to news that...
Shourijeh Gas Storage Capacity to Reach 4.5 bcm
Shourijeh natural gas storage facility in the northeastern...
Changing Working Hours  Could Help Save Electricity
Changing working hours in state organizations during peak...

Trending

Googleplus