Iran to boost gasoline production in petrochemical plants, petrochem exports halted

Iran is to halt export of petrochemical products, following the implementation of a program to boost gasoline production in petrochemical plants. Deputy Oil Minister Abdolhossein Bayat explained that the ministry might resume import of gasoline in late September, Mehr News Agency reported. Gasoline production capacity in 6 petrochemical complexes has reached 19 mln liters a day, and whatever is produced in petrochemical complexes is transferred to oil refineries and is changed into high octane gasoline. Iran consumes 64 million liters a day, and if a gasoline rationing plan is not implemented, consumption will increase to between 100 and 120 million liters a day.
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