Iran Achieves Gasoline Self-Sufficiency

Iran Achieves Gasoline Self-Sufficiency

Iran has achieved self-sufficiency in gasoline production, Iranian Oil Minister Bijan Zanganeh said on February 18, Reuters reported.

“Fortunately, we do not need to import gasoline anymore. We have reached self-sufficiency. We can export our produced gasoline but have no export plans,” Zanganeh was quoted by Iran’s state TV.

Iran achieved its goal of self-sufficiency after inaugurating the third phase of the Persian Gulf Star refinery, with a production capacity of 45 million liters of petrol per day.

The Persian Gulf Star Refinery transfers light crude, known as condensate, into gasoline and naphtha.

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