Iran to Increase Gasoline Production
Azimifar said that the company will strive to achieve this goal by focusing on increasing the production of high-quality petroleum products in existing refineries and completing refinery projects with more physical progress.
He added that in the first seven months of this Iranian calendar year, which began on 20 March 2024, the volume of liquid fuel delivered to power plants increased by 38 percent compared to the same period last year.
The official noted that gasoline consumption increased by 7 percent (1.6 billion liters) compared to the same period in 2023, which was sustainably supplied using existing capacities for transfer and distribution.
Elsewhere, he emphasized the need for optimal planning in the production sector to ensure a stable supply of liquid fuel in the cold season, noting as far as the current month’s performance is concerned, "we have managed to increase the production of gasoline, diesel, and fuel oil by increasing refinery feedstock and addressing bottlenecks and operational measures".
Azimifar stated that the supply of liquid fuel to power plants should be increased by utilizing new oil product transfer lines to power plants and expanding the fleet of road and rail tankers.
He noted that hesitance in timely decision-making is one of the important reasons behind the country's energy imbalance, stressing that various governmental bodies need to have a common understanding of the energy imbalance issue, recognize the main causes, and feel responsible for resolving it.
The official stated that diversifying the fuel basket, developing energy transfer and storage infrastructures, modernizing the country’s transportation fleet, and preventing the smuggling of petroleum products are among the challenges that, if addressed, can help solve the fuel imbalance problem.
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