Iran becomes self-sufficient in gasoline production

on May 1, 2021 | 8:59:09

Iran has become self-sufficient in producing the amount of gasoline the country requires on a daily basis, the official IRNA news agency reported on Sunday.

President Hassan Rouhani inaugurated a new refinery that produces some 12 million liters (3.17 million gallons) of gasoline in its first phase, according to the report.

Iranians consume about 60 million liters (15.85 million gallons) of the fuel daily on average. The country already produces about 50 million liters (13.2 million gallons) and some 11 million liters (3 million gallons) had to be imported.

The report said the refinery in the port city of Bandar Abbas, some 750 miles (1,205 kilometers) south of Tehran, is capable of producing 36 million liters (9.5 million gallons) of gasoline per day after it is completed in 2018.

Rouhani said a 2015 landmark nuclear deal with world powers contributed to reaching the operation stage of the project. The deal capped Iran’s nuclear activities in return for lifting sanctions.

If the agreement hadn’t been reached, Rouhani said, “this giant refining unit would never go online.”

The refinery also daily produces 4.5 million liters (1.2 million gallons) of diesel fuel, 1.3 million liters (340 thousand gallons) of liquid petroleum gas and one million liters (264 thousand gallons) of kerosene.

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