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.