EghtesadOnline: On the last day of the previoust Iranian year (March 20), motorists burned more than 144 million liters of gasoline per day across the country.
EghtesadOnline: As gasoline consumption has currently declined, there is a balance between supply and demand, although it is expected to surpass 120 ml/d in March 2023, marking the onset of the Persian New Year and people’s holiday trips.
EghtesadOnline: Exports of gasoline have been suspended since May not only due to heavy domestic consumption but also owing to the rise in fuel smuggling, a member of the Iranian Oil, Gas and Petrochemical Products Exporters' Union said.
EghtesadOnline: Demand for gasoline soared by 40% in the first four months of the current fiscal year (March 2021-22) compared with the corresponding period of last year and this is while deaths caused by the fifth wave of the Covid-19 pandemic is approaching 500 per day, the head of the National Iranian Oil Products Distribution Company said.
EghtesadOnline: The supply of gasoline, diesel and other oil derivatives across the country is continuing normally and there are no worries in this regard, the head of the National Iranian Oil Products Distribution Company said.
EghtesadOnline: Gasoline sold in big cities is compliant with Euro-4 emission standards, an official at the National Iranian Oil Products Distribution Company said.
EghtesadOnline: Gas condensates from South Pars Gas Field in the Persian Gulf accounts for 40% of total gasoline output in Iran, managing director of Pars Oil and Gas Company, a subsidiary of state-owned National Iranian Oil Company that oversees the development of gas fields said.
EghtesadOnline: Gasoline consumption in Iran in the first seven months of the current Persian calendar year (March 20-Oct 2020) declined 30% compared to the same period last year.
EghtesadOnline: More than 28 million barrels of gasoline were sold at the international ring of Iran Energy Exchange on Wednesday -- a record both in terms of value and volume.
EghtesadOnline: Oil refining companies in Iran are doing reasonably well as production and export of gasoline has been of the ascending order in the past 14 years.