Oil Ministry set to halt condensate exports to create more valuable products

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that his ministry plans to prevent direct gas condensate exports to create products with more value-added, Shana reported.

Gasoline consumption in Norouz holidays hits 2b liters

TEHRAN – Iran’s gasoline consumption during the peak demand of the Norouz (Persian New Year) holidays (March 17 – April 5) reached near two billion liters, Tasnim news agency Reported.

Daily gasoline consumption at 88m liters

TEHRAN- Iranians consumed 88 million liters of gasoline per day on average since the beginning of current Iranian calendar month of Esfand (February 20, 2019), IRNA reported on Friday citing the data released by the Oil Ministry.

Persian Gulf Star Refinery to supply half of Iran’s gasoline

Rouhani inaugurates projects worth $1.4 billion

TEHRAN- President Hassan Rouhani put 40 major development projects worth 60 trillion rials (about $1.428 billion) into operation in the southern province of Hormozgan on Sunday and Monday, IRNA reported.

Persian Gulf Star Refinery’s 3rd phase to come on stream by Friday

TEHRAN- The third phase of Persian Gulf Star Refinery, in south of Iran, will be put into operation by the end of the current Iranian calendar week (Friday), Shana reported quoting Deputy Oil Minister Alireza Sadeqabadi.

Persian Gulf Star Refinery’s daily gasoline output to hit 40m liters in a month

TEHRAN- Daily production of Euro-5 quality gasoline in Iran’s Persian Gulf Star Refinery will reach 40 million liters by the next month, according to the managing director of the refinery.