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| Iran gearing up to export gasoline |
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TEHRAN (Press TV)= For years, Iran was heavily dependent on imported gasoline because of a refinery shortage. But now, thanks to several modern production facilities that have come on stream, Iran can produce around 70 million liters a day, far more than its domestic needs. That's why Deputy Oil Minister Alireza Zeighami says part of the excess output can be exported. According Zeighami, who is also managing director of National Iranian Oil Refining and Distribution Company, Iran plans to export other oil products as well, such as diesel, kerosene and liquefied petroleum gas. Last year, certain Western governments said they would restrict Iran's gasoline imports over its nuclear program. The West claims the program is designed to make nuclear weapons. But Iran says its nuclear activities are peaceful, an official position also shared by the International Atomic Energy Agency, to which Iran is a signatory. As a result of Western sanctions and restrictions, the world's fifth-biggest crude oil exporter has now made a big push to increase refining, curb domestic demand and reduce fuel subsidies. Iran has already upgraded its largest oil refinery in the southwestern city of Abadan. The goal, according to its managing director, is reaching self-sufficiency in gasoline production. Abadan is the oldest oil refinery in the Middle East. Last year, it had a capacity of around 9 million liters. With the help of the Third Phase, which came on stream just recently, the refinery can now produce daily around 15 million liters of gasoline and other oil products. Iran's major oil partners are China, Japan, India, South Korea, Malaysia, Indonesia, Russia, France, Italy, Germany, Poland, Spain, Switzerland, Turkey, and the United Kingdom.   Socialize this Subscribe to our RSS feed to stay in touch and receive all of TT updates right in your feed reader
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