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                                        Volume. 12137

Iran to import 8m liters of gasoline daily till March: official
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TEHRAN – National Iranian Oil Refining and Distribution Company forecasts that the country will import 8 million liters of gasoline per day till the end of the current Iranian calendar year (March 20, 2014).
 
NIORDC Managing Director Abbas Kazemi said that 8 million liters of gasoline has been imported to the country on average per day during the first two months of the current Iranian calendar year, and that the figure will remain unchanged by the end of the year, the Shana News Agency reported on Friday.
 
He put the country’s strategic gasoline reserve at 1.9 billion liters, adding that the figure has increased compared to the previous year. 
 
On May 18, Kazemi said importing gasoline was economically justified for the country.
In recent years, three petrochemical complexes were producing gasoline to meet the domestic need under the international sanctions imposed on the country’s oil sector, the Mehr News Agency quoted Kazemi as saying. 
 
“The domestically produced gasoline was mixed with additives which were imported to improve the quality of fuel. That cost the Oil Ministry a lot. But, for the time being, importing premium gasoline is more economically justified.”
 
Iran’s daily gasoline imports stood at 3.5 million liters on average in the previous Iranian calendar year, Kazemi stated.

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