NIOPDC: gasoline consumption soars by 7.4%
Iran’s gasoline consumption averaged 124.5 million liters per day from the start of the [Iranian] year (March 20) through November 2, representing a 7.4% increase compared to the same period last year, when the average was 116 million liters per day, according to the managing director of the National Iranian Oil Products Distribution Company (NIOPDC).
Speaking in a press conference in Tehran on Monday, Keramat Veys-Karami also said Iran mainly imports gasoline through swap deals, with the country importing an average of 8.5 million liters of gasoline per day in the first six months of the current year (March 20-September 21), Shana reported.
Gasoline imports reached 9 million liters per day during the month to September 21, with the quality of imported gasoline meeting the national standard index and Euro 4 standard, added the deputy oil minister.
In late-August, Iranian power stations’ diesel storage levels decreased by 43% as mazut storing decreased by 23% compared to the same period last year, according to Veys-Karami. He also said that deliveries of diesel to power plants increased by 32% in the month to September 21 and raised 27.5% during the month to October 21, compared to the same months last year.
To address the challenges, the official noted that weekly meetings were held by the Oil Ministry’s production, transportation, and storage departments, adding, “At these meetings, ways to increase the capacity of product production and improve the volume and speed of transportation for the winter fuel supply will be discussed and decided upon.”
He said on October 16 that our estimate is to deliver 10 billion liters of liquid fuel to the country’s power stations by the end of the current Iranian year (March 20, 2025).
Veys-Karami noted that 70% of Iran’s gasoline is produced in the south of the country, while about 75% of consumption is in the northern part of the country, which imposes a heavy and intensive volume of operations on his company.