Euro-5 gaso­line out­put to in­crease to 12m liters by March

Iran Daily - - Domestic Economy -

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.

IRNA

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