Iran’s Gasoline exports hit $1.4 bn

TEHRAN: Iran was an importer of gasoline until two years ago, which imported up to 4.5 million liters per day, but it is now one of the exporters of the strategic product in the region and the world. In 2006, Iran had to import over 27 million liters of gasoline per day, leading to the outflow of foreign currency and the dependence on energy security.
Such a dependence turned gasoline embargo as the top item of sanctions imposed on Iran; so, the country was even forced to change the process of some petrochemical companies to substitute reformate instead of gasoline in order to avoid any fuel shortages.
The government of President Hassan Rouhani paid attention to create proper capacity for gasoline production inside the country; thus, the increase of production and the improvement of quality of old refineries were carried out.
As a result of the development of Iran’s refining industry and the accomplishment of the Setareh Khalije Fars Refinery, the production capacity of crude oil and gas condensate has reached 2.2 million barrels per day; so the country does not need to save money to import gasoline. –PNP