16 March 2011
Iran will increase its gasoline exports in the next Iranian calendar year, which begins on March 21, said Deputy Oil Minister Alireza Zeighami.
The official said on Monday that the export hike would be implemented due to the boost of capacity of gasoline production to 72 million liters per day and decrease of consumption to 52-53 million liters per day, Shana reported. Zeighami added that the oil-rich country has begun marketing plans for gasoline exportation.
The National Iranian Oil Refining and Distribution Company (NIORDC) has issued a permit for the export of one billion liters of gasoline, according to the official.
In February, Iranian Oil Minister Massoud Mirkazemi announced that Iran has become self-sufficient in the production of gasoline through the launch of new projects in its oil refineries.
Iran increased its gasoline production after the United States and the European Union started approving their own unilateral sanctions against the Islamic Republic over its nuclear program, mostly targeting the country's energy and banking sectors, including a US boycott of gasoline supplies to Iran.
After the UN Security Council ratified a sanctions resolution against Iran on June 9, the US Senate passed a legislation to expand sanctions on foreign companies that invest in Iran's energy sector and those foreign companies that sell refined petroleum to Iran or help develop its refining capacity.
But Iran's self-sufficiency in gasoline production made Washington's plots fall flat. Iran boosted gasoline production so much that in September 2010, the country started exporting gasoline.
"The first shipment of Iran's gasoline has been exported," Manager of International Affairs at the National Iranian Oil Company Ali Asqar Arshi announced at the time.
Iran will increase its gasoline exports in the next Iranian calendar year, which begins on March 21, said Deputy Oil Minister Alireza Zeighami.
The official said on Monday that the export hike would be implemented due to the boost of capacity of gasoline production to 72 million liters per day and decrease of consumption to 52-53 million liters per day, Shana reported. Zeighami added that the oil-rich country has begun marketing plans for gasoline exportation.
The National Iranian Oil Refining and Distribution Company (NIORDC) has issued a permit for the export of one billion liters of gasoline, according to the official.
In February, Iranian Oil Minister Massoud Mirkazemi announced that Iran has become self-sufficient in the production of gasoline through the launch of new projects in its oil refineries.
Iran increased its gasoline production after the United States and the European Union started approving their own unilateral sanctions against the Islamic Republic over its nuclear program, mostly targeting the country's energy and banking sectors, including a US boycott of gasoline supplies to Iran.
After the UN Security Council ratified a sanctions resolution against Iran on June 9, the US Senate passed a legislation to expand sanctions on foreign companies that invest in Iran's energy sector and those foreign companies that sell refined petroleum to Iran or help develop its refining capacity.
But Iran's self-sufficiency in gasoline production made Washington's plots fall flat. Iran boosted gasoline production so much that in September 2010, the country started exporting gasoline.
"The first shipment of Iran's gasoline has been exported," Manager of International Affairs at the National Iranian Oil Company Ali Asqar Arshi announced at the time.
© Iran Daily 2011
