Iran 'to export 30 million litres of petrol by 2015'

barrel iran-Keith Beard sxc optIran currently produces 41.5mn litres of gasoline daily. (Image source: Keith Beard/sxc.hu)Iranian officials have claimed that Iran would be able to export 30mn litres of petrol per day by the year 2015, in spite of the international sanctions imposed against the country

The Islamic Republic's Oil Ministry said it expected Iran to produce 70mn litres of petrol daily by the end of the current Iranian year (20 March 2014), rising from the current production levels of 41.5mn litres.

Alireza Zeighami, Iran's deputy oil minister, said that once all projects currently underway were operational, daily output would increase to 144mn litres.

“[At least] US$9bn worth of [projects] are underway across the country, including process optimisation and gasoline production project at Isfahan refinery in Isfahan, the first phase of the Persian Gulf Star refinery in the south of Iran and the gasoline production projects at Lavan, Tabriz and Bandar Abbas refineries,” Zeighami said.

Zeighami added that an additional US$14bn was required for the construction of new refineries in Iran.

“Iran is the most reliable source of energy,” he stated, claiming that domestic oil experts have managed to circumvent sanctions issued on the country.

Last month, Iran inaugurated its biggest gasoline production hub with a capacity of 16mn litres per day near the city of Shazand.

 

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