Sunday, January 31, 2010

'With new refineries Iran will export gasoline'





Source: PressTV
http://www.presstv.ir/detail.aspx?id=117476§ionid=351020103


Iran plans to build seven new oil refineries with a capacity of 1.6 million barrels that could turn the country into a gasoline exporter.

Iran's official news agency, IRNA, in a report announced that the production of gasoline by the new refineries will not only meet domestic demand, but could result in sufficient production to turn the country into an exporter of gasoline.

The largest refinery, the "Persian Gulf Star", will be built in the city of Bandar Abbas on the Persian Gulf with an estimated production of 35.6 million liters of gasoline per day.

The "Shahriar" refinery that is to be built in the northwestern city of Tabriz will be able to produce 8.1 million liters of gasoline daily.

Five additional refineries will be built, with a second installation in Bandar Abbas, and Shiraz and Abadan completing the locations in southern Iran, and a production center in the western city of Kermanshah and the northern province of Golesatan.

The plan to construct the new refineries comes as the US has already imposed sanctions targeting Iran's gasoline imports as part of Washington's efforts to apply pressure to Tehran over its nuclear program.

Tehran has repeatedly declared that Western sanctions are not able to force it to relinquish the legitimate nuclear rights of the Iranian nation.

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