igPic
Iran oil refining capacity exceeds 1.8m bpd: Official
4/13/2013 10:00:08 AM
 
Ali Ziyar said Iran has increased its oil refining capacity to more than 1.85 million barrels per day, adding that by bringing on-stream new fuel production projects and optimizing refinery processes, Iran will further increase its crude refining capacity over the current Iranian calendar year (started March 21).
 
Ziyar pointed to the inauguration of five major oil pipelines and new storage facilities for petrochemical products during the previous Iranian calendar year and noted that plans are also underway to launch six new pipelines for the transfer of oil and oil products in the current year.
 
During the previous Iranian calendar year, Iran’s nominal petrochemical production capacity rose by seven million tons, showing a 13.2-percent growth, after the launch of several petrochemical projects.
 
On March 14, Iran inaugurated its biggest gasoline production hub with a daily production capacity of 16 million liters near the central city of Shazand.
 
Iran attained self-sufficiency in fuel production after its international suppliers stopped selling gasoline to Tehran under U.S. pressure.