Euro-5 gasoline output to increase to 12m liters by March
Iran’s Euro-5 gasoline and diesel outputs will grow by 12 million liters and 4 million liters, respectively, by March 21, 2018 with the commissioning of the distillation unit of the second phase of Persian Gulf Star Refinery in the southern Iranian province of Hormuzgan.
With the going on stream of this phase, 8 million liters of Euro-5 diesel will be added to the country’s fuel production basket, said Alireza Sadeq-abadi, a deputy oil minister, at a ceremony to inaugurate the distillation unit of the second phase of the Persian Gulf Star Refinery on Wednesday, IRNA reported.
He recalled that in February last year, Iran’s average daily gasoline output stood at 60 million liters per day, adding the figure currently amounts to 78 million liters per day, narrowing the gap between consumption and production of the product.
Sadeq-abadi noted that the once operational, the Persian Gulf Star Refinery will be able to produce 36 million liters of Euro-5 gasoline per day, which is unique in the world.
Expressing hope that the third phase of the refinery would be launched as soon as possible, he said that environmental achievements of the project to construct the Persian Gulf Star Refinery would be of utmost importance.
The deputy oil minister further said the isomerization unit of Bandar Abbas Refinery in Hormuzgan Province will begin production by mid-march 2018, adding following its launch, the unit will improve the quality of 12 million liters of the refinery’s gasoline output.
Sadeq-abadi added that after the completion of the construction of a hydrotreating unit in the year to mid-march 2019, the refinery will be capable of producing 12 million liters of Euro-4 gasoil.
Hormuzgan Province currently accounts for 40 percent of the country’s total gasoline production given the output of Bandar Abbas and Persian Gulf Star refineries.
Being the biggest gas condensates refinery in the Middle East, the Persian Gulf Star Refinery with a daily output of 360,000 barrels per day is under construction in three 120,000-barrel phases in an area of 730 hectares.