Iran-Oil-Minister-Bijan-Namdar-Zanganeh

Iran will produce gasoline conforming to Euro-5 standard

: Tuesday, September 02 - 2014 @ 09:33

Iranian Oil Minister Bijan Namdar Zanganeh said that once the Persian Gulf Star refinery comes on stream, Iran will be able to produce gasoline conforming to Euro-5 standard, Iran’s IRNA News Agency reported on August 30. He went on to note that the country currently only imports Euro-4 gasoline. Iran has averagely imported 4.9 million liters of gasoline per day from the beginning of the current Iranian calendar year so far. Managing director of National Iranian Oil Refining and Distribution Company (NIORDC), Abbas Kazemi, said that the figure shows a four percent increase compared to the same period of the previous year, Iran’s ISNA News Agency reported on August 27. “Currently, Iran’s gasoline production stands at 63 million liters and is expected to reach 66 million liters at the end of the year (March 20, 2015),” he said, adding that the country’s gasoline production is expected to reach 70 million liters by next spring.

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Tuesday, September 2- 2014 @ 9:33 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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