EghtesadOnline: Oil Minister Bijan Namdar Zanganeh says as long as the second development phase of the Persian Gulf Star Refinery, Iran's largest gas condensate processing facility, is not in full swing, the country needs to import the strategic fuel to meet domestic demand.
EghtesadOnline: Iran plans to increase the share of compressed natural gas in its fuel mix, as the low-carbon and clean-burning fuel has saved billions of dollars by curtailing gasoline imports in recent years.
EghtesadOnline: Gasoline imports reached 10 million liters per day on average since the beginning of the current fiscal in March, down almost 2 million liters from the previous fiscal, the National Iranian Oil Refining and Distribution Company (NIORDC) managing director said.
EghtesadOnline: Private Iranian companies are allowed by law to import gasoline, a top energy official said on Tuesday, indicating that the government is in the process of gradually reducing its monopoly on fuel production and distribution.