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Iran Says No Gasoline Imported

Service : Economy
TEHRAN, June 21 (ICANA) – An official with the National Iranian Oil Company (NIOC) denied the claim of some foreign media sources that Iran has imported gasoline.
Tuesday, June 21, 2011 9:24:39 PM
Iran Says No Gasoline Imported

“While Iran is now exporting part of its excess gasoline productions, it’s not logical to import it," SHANA news network quoted Mohsen Qamsari as saying on Tuesday.

‘International Oil Daily’ had claimed on Monday that Iran is importing about 200,000 metric tons a month of gasoline, mostly from the Asia-Pacific region, amid U.S. sanctions.

In response to the claim, Qamsari emphasized that Iran is now self-sufficient in production of gasoline and has no need to import of it.

Previously, the Chief Executive Officer of National Iranian Oil Products Distribution Company (NIOPDC) announced on Sunday that Iran’s strategic reserves of fuel has reached to 13 billion liters,.

Jalil Salari stated that by developing infrastructure for fuel storing and managing consumption, Iran succeeded to raise its strategic fuel reserves from 11.5 billion liters in last year to 13 billion liters in the current year.

By implementation of the subsidy reform plan, the strategic gasoline reserves have increased 1 billion liters compared to the last year, Salari further said.

However, before the implementation of gasoline rationing and the subsidy reform plan, Iran was forced to import 27 million liters of fuel.

Now, Iran has turned into an exporter of gasoline, Salari added. Iran started exporting gasoline since last year.

Salari announced that Iran has earned 1.5 billion dollars from fuel export so far.

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