Deputy minister: Iran produces 70% of gasoline with Euro-grade quality
Iran meets 70 percent of its gasoline needs with Euro-grade quality and 64 percent of produced diesel is in accordance with Euro-grade standard, as announced by the managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) on Monday.
Mohammad-Sadeq Azimifar, referring to the importance of implementing quality improvement projects in the oil refining industry, stated, “The Clean Air Act requires the Ministry of Oil to provide its products including gasoline and diesel with Euro-4 and Euro-5 standards within three years,” ISNA reported.
The implementation of the quality improvement projects of crude oil in the refining industry, which has been halted for years, has turned into a national challenge, the deputy minister said.
He went on to say that over the past three months, the NIORDC has added about eight million liters of gasoline per day, equivalent to 7 to 8 percent of the country’s gasoline production, to the refineries’ capacity, in order to reduce the dependence on gasoline imports and provide a better quality of gasoline to consumers.
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 NIOPDC’s managing director.
Speaking in a press conference in Tehran on November 4, 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).