Iranian Oil Industry Minister Bijan Zangane claims that the country will not have to import petrol when a new oil refinery is put into operation in 2016, reported Press TV channel.
He said Iran will turn into the exporter of petrol and diesel fuel, when Persian Gulf Star plant will reach the planned production capacity.
Minister said that at present Iran consumes less than 70 million liters of petrol a day, of which 5 million liters is imported.
Zangane added that he is not concerned about petrol and diesel fuel deliveries next year.
“As soon as construction of Persian Gulf Star oil refinery is completed, production of petrol and diesel fuel in the country will increase by 36 million liters a day. When the oil refinery reaches the planned production capacity, 12 million liters a day will be added to this volume. Half of this capacity is enough to stop import of gasoline next year. As a result, we will turn into the exporter of these two oil products,” he said.
Construction of Persian Gulf Star oil refinery, which is estimated at 2.5 billion Euro, is carried out in Assaluya city. In addition to other oil products, the oil refinery will manufacture 360,000 barrels of gas condensate a day.
Construction of another oil refinery is in progress in Kermanshakh on the west of Iran. Zangane added that the project has faced the funding problem, which the government has been trying to sove.
