You are here:  Top Stories  >  Economy  >  Current Article

Gasoline consumption Down by 3%

Wednesday, 4 July 2012

Average daily gasoline consumption stood at 62.02 million liters during the week ended on June 29, down by 2.9% from the previous week. Data published by National Iranian Oil Products Distribution Company (NIOPDC) show that total gasoline consumption this week hit 427.2 million liters, down by 13.1 million liters week on week. According to SHANA (the Oil Ministry’s website), Iran has expanded its refining capacity over the past several years, while its gasoline consumption has come down considerably following implementation of the first phase of removing energy subsidies. Iran plans to increase gasoline and gas oil production capacity by 64 and 12 million liters per day by completion of nine ongoing development plans at its oil refineries.

These nine projects include gasoline production units at Abadan, Tabriz, Isfahan, Bandar Abbas, Tehran (Shahid Tondgouyan), and Imam Khomeini (Shazand) plus development and upgrading plans at Persian Gulf Star and Lavan oil refineries. By implementation of the projects, production of kerosene and jet fuel will each increase by 7.4 million liters and liquid petroleum gas by 7.4 million liters per day.

    Print       Email
  • Published: 149 days ago on Wednesday, 4 July 2012
  • By: Iran Daily Brief
  • Last Modified: July 4, 2012 @ 2:31 pm
  • Filed Under: Economy
  • Tagged with:
  • Source(s):
    • http://shana.ir/191648-en.html

You might also like...


Implementing resistance economy is best strategy for countering sanctions

Read More →