TEHRAN (Tasnim) – As the largest gasoline supplier, Iran has ramped up output by 15% this year compared to levels seen in 2022 amid a rising domestic demand for fuel.
Chief Executive of the Persian Gulf Star Oil Refinery, Alireza Jafarpour, said on Thursday that gasoline output of the refinery had reached 41 million liters per day, up from a daily production of 35.6 million liters reported last year.
He said the refinery supplies another 4 million liters per day of gasoline derivatives to other refineries to help them increase their output, Press TV reported.
“We are responding to 45 million liters of the gasoline demand in the country directly and indirectly,” Jafarpour added.
The Persian Gulf Star Oil Refinery is the largest refinery in the world that runs on condensate, a very light form of crude oil. It is located near the port city of Bandar Abbas in southern Iran on the Persian Gulf coast.
The refinery has played a major role in Iran’s self-sufficiency in gasoline production since it was officially inaugurated in 2019, more than a year after Iran’s petroleum industry came under American sanctions.
Iran’s current average demand for gasoline is more than 120 million liters per day while consumption reaches nearly 150 million liters on peak travel days.