Iran produces gasoline from furnace oil for first time in Middle East
Iran has managed to produce gasoline from furnace oil for the first time in the Middle East, IRNA news agency quoted Iranian Deputy Oil Minister Alireza Zeighami as saying.
Some 7-8 million liters of furnace oil is being turned into gasoline, liquefied gas, propylene, diesel, and kerosene per day at the Shazand Refinery, he said.
Some 80,000 barrels of gasoline with octane number of above 95 is produced using furnace oil at the refinery, he noted.
The country's gasoline output is projected to hit 70 million liters per day by the end of the next Iranian calendar year.
According to official government data, Iranian gasoline imports have slumped by as much as 95 percent over the last four years as rising refinery capacity and lowering fuel subsidies help neutralise Western sanctions aimed at starving Tehran of fuel.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!