EconomyIran

Iran becomes exporter of jet fuel

shamsara20130131145224700Iran’s President Mahmoud Ahmadinejad has inaugurated a new phase of a gasoline production facility, enabling the country to join the world’s jet fuel exporters.

In a Thursday ceremony marking the 34th anniversary of the victory of the 1979 Islamic Revolution, the Iranian President inaugurated the second stage of the third phase of the gasoline production unit at Abadan Oil Refinery.

The new unit will add two million liters of 94 and 95-octane super-premium gasoline, conforming to Euro-4 standard, to the daily production capacity of Abadan Refinery.

The development will enhance the total gasoline production of Abadan Refinery, Iran’s oldest refinery, to 15 million liters per day (lpd).

Iran is currently a leading producer of jet fuel for passenger and cargo planes. The gasoline production unit of Abadan Oil Refinery, built by Iranian experts, would allow the production of fuel for helicopters, crop dusters and trainers.

Earlier, Iran had announced plans to inaugurate three mega-projects at Shazand, Lavan and Abadan refineries by the end of the current Persian calendar year (ending March 20) to enhance the production of the country’s premium gasoline from 12 to 25 million lpd.

The projects will increase Iran’s total gasoline production to 70 million lpd, enabling the country to become a long-term exporter of gasoline.

Iran attained self-sufficiency in fuel production after its international suppliers stopped selling gasoline under US pressure.

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