Iran's Uptrend in Petroleum Production and Export

NIOC has announced gasoline needs are now fully met by domestic refineries and as output peaked, imports ended in the summer of last year
Iran's Uptrend in Petroleum Production and Export
Iran's Uptrend in Petroleum Production and Export

Iran's oil refining capacity has reached 1.95 million barrels per day, indicating a 100% increase over the past four decades.
According to Shana, crude processing capacity was 1.1 million bpd in 1974 but plunged to 751,000 bpd in the 1980s when Iraq invaded Iran. After the military hostilities ended in 1988 oil processing capacity was restored and has now registered a record 1.95 bpd.
Compared to the years between 1974 and 1976 when gasoline output was 14 million liters per day, the current production level at around 90 million liters per day shows a 6.5-fold rise, Shana added.
Referring to fuel import, the Oil Ministry's news portal said between1974 and 1976 there was no need for imports. But with the rapid increase in the number of cars, gasoline import became inevitable climbing to 4 million and 17 million liters a day in 1987 and 2008 respectively. 


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