Azernews.Az

Iran will double its gasoline production capacity at Persian Gulf refineries by the end of the current Iranian calendar year (March 20), the Managing Director of Lavan Oil Refinery Company (LORC) Mohammad-Ali Dadvar said on Tuesday, Trend news agency reported.

The refineries' produced gasoline meets Euro-5 standard, Dadvar said, Mehr news agency reported.

He went on to note that Lavan refineries' gasoline output will reach 3 million liters per day by the end of the current year.

The refinery's current production capacity currently stands at 1.4 million liters per day.

Iranian Standards Organization's Deputy Director Bahador Kazemi said last week that Iranian refiners have been obliged to supply gasoline meeting Euro-4 standards since the beginning of the next Iranian calendar year (March 21, 2013).

The produced gasoline currently meets Euro-2 standards, he said, adding that newly established refineries are able to produce gasoline which meets both Euro-4 and Euro-5 standards.

In December 2012, IRNA news agency quoted Ali-Mohammad Sha'eri, the Iranian environment protection department's deputy director, as saying that 50 million liters of gasoline and diesel, meeting Euro-4 and Euro-5 standards, will be produced in Iran by the end of the current Iranian calendar year.

In October 2012, ISNA news agency quoted National Iranian Oil Production and Distribution Company's managing director Alireza Zeighami as saying that Iran is currently producing 25 million liters of premium gasoline per day, meeting Euro-4 and Euro-5 standards.

The country's gasoline output is projected to hit 70 million liters per day by the end of the next Iranian calendar year, he added.