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Iran to Join Gasoline Exporters Club Next Year.

TEHRAN (FNA)- Managing Director of the National Iranian Oil products Distribution Company (NIOPDC) Abbas Kazemi announced that Iran will join the club of gasoline exporters by October 2017.

Iran will be self-sufficient in providing gasoline for the country and will join the gasoline exporters' club after the Persian Gulf Star Gas Condensate Refinery becomes operational, Kazemi said.

He added the Persian Gulf Star Refinery project has made 95 percent progress.

Minister of Petroleum Bijan Zanganeh announced in October that Iran has now turned into a gasoline exporter and exports 20 million liters of gasoline a day.

Addressing an oil, gas and energy congress in Tehran, Zanganeh said Iran has gained such a success, though it used to be an importer of the fuel in the past three years.

Zanganeh then referred to operation of the first phase of Persian Gulf Star Refinery, and said once the first phase of the refinery is operational, Iran will not need to import gasoline, while standing as exporter of oil products.

He then referred to Siraf refining project and said once eight Siraf refineries are completed, their total gas condensate refining capacity will reach 480,000 barrels a day.

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Publication:FARS News Agency
Geographic Code:7IRAN
Date:Nov 4, 2016
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