Iran's gasoline production capacity up to 76m liters: Minister

Minister of Petroleum Biajn Zangeneh announced on Monday that Iran’s daily gasoline production capacity with Euro-4 and -5 standards has reached 76 million liters.

The achievement was accomplished due to completion of different projects at the Persian Gulf Star Refinery (PGSR) and Bandar Abbas Oil Refining Company in south and Tabriz Oil Refining Co in northwest of the country, Zangeneh said at the inauguration ceremony of the third phase of PGSR at the presence of President Hassan Rouhani.

Touching upon the US anti-Iran sanctions which have put restrictions on the country’s oil exports, the minister said Iran posseses more than enough gasoline and can export it.

Iran has stopped its gasoline exports as part of a calculated plan to preserve its reserves, the minister added.

He further said that Iran no longer is in need of any gasoline imports.

Also, the minister said Iran’s refinery projects fully comply with the environmental standards.

Earlier on Monday, President Rouhani inaugurated the third phase of the Persian Gulf Star Refinery (PGSR), the world’s biggest gas condensate refinery located in south of the country. 
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