Iran to see 7-fold rise in diesel oil exports
Iran has signed new contracts with neighboring Afghanistan and Iraq to export diesel oil. The new contracts will increase Tehran's exports by 7-fold, Mehr News Agency reported.
Iran's National Oil Products Distribution Company is in talks with three private companies to increase diesel oil exports to Afghanistan.
Company's Managing Director Naser Sajjadi said the country plans to export 2.5 million liters of diesel oil to Iraq per day.
The two countries have finalized a deal, based on which Iran will export 2.5 million liters of diesel oil to Iraq per day, he said.
"Diesel oil will be supplied to Iraqi power plants," he said, adding that over the past 12 months, Iran exported 131 million liters of diesel oil to different countries, mainly to Iraq.
Earlier, Iran's deputy oil minister Abbas Kazemi said that diesel oil export was resumed, adding that Iran exported its first consignment of diesel oil to Afghanistan after 8 years.
"The supply of natural gas to power plants is sufficient and the need to supply diesel oil to the power plants has been removed. So, the surplus of diesel oil which is produced in oil refineries will be exported", Kazemi said.