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FinancialNews
02-08-22
Iran’s monthly gasoline shipments reach USD32M
(MENAFN) Data issued by the Islamic Republic of Iran Customs Administration (IRICA) presented that Iran shipped 116 million liters of gasoline valued at nearly USD32 million in the opening month of the ongoing Iranian calendar year (March 21-April 20).
Throughout the last few years, the Islamic Republic has achieved to not only become self-adequate in gasoline output but also become a net exporter of the strategic fuel, nevertheless, the noteworthy raise in local gasoline intake in latest months has once more grew worries around the necessity for imports.
Iran turned into a net gasoline exporter in February 3 years ago, amid the inauguration of the third stage of the Persian Gulf Star Refinery (PGS) venture which raised 120,000 barrels to the nation’s day-to-day gasoline output.
The raise in the nation’s gasoline output and shipments came regardless of the fact that almost two years ago Iran was an importer of the strategic product, importing more than 4.5 million liters a day of gasoline.
The growth in the shipments of the stated product is an outcome of the surge in the nation’s refining volume.
MENAFN02082022000045014228ID1104630075
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