TEHRAN (Reuters) - Iran seeks to become self-sufficient in gasoline in two years' time and then to start exporting the fuel, an official said on Sunday, as some traders and international oil firms cease sales to the Islamic state.
The world's fifth-largest crude exporter imports at least 30 percent of its gasoline needs but says the construction of new refineries will boost domestic output and make it less vulnerable to any future sanctions targeting such trade.
"By building new refineries we will become a gasoline exporter," ISNA news agency quoted Ali Reza Zeighami, managing director of the National Iranian Refining and Oil Products Distribution Company, as saying.
"The plan is to become self-sufficient in two years' time ... by implementing the scheme to increase gasoline production in refineries," Zeighami said.
Officials also hope a plan to phase out energy subsidies will slow gasoline demand from Iranians now enjoying some of the world's cheapest fuel, at 1,000 rials (10 U.S. cents) a litre.
In the 2009-10 year, Iran produced 44.6 million litres of gasoline every day but consumed 64.9 million litres, forcing it to import the difference, according to official figures.
U.S. politicians are working on legislation to penalise fuel suppliers to Iran in an effort to pressure Tehran to stop uranium enrichment.
The West says Iran is using its atomic programme to develop a nuclear bomb, while Iran insists it is for electricit... >>>
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AAA HA HA HA
by Cost-of-Progress on Mon May 24, 2010 05:56 AM PDTIMF...you and your alliance of reesh-o pashm, here on IC, at the Interest Section, in European embassies and elswhere are way too funnny..
Didn't know Islamsists had a sense of humor...I needed the laugh for Monday morning...aa aha aha...........export gasoline..or is it petrol?...aaaaa ha ha ha
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IRAN FIRST
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LOL!!!!
by Onlyiran on Mon May 24, 2010 05:46 AM PDTFirst, let's have the IRI keep importing its own gasoline so that cars in Iran won't stop running.
You're funny, you know IMF. The garbage that you post here should be all collected, put in a big heap and set on fire using human...ahhhh..."waste".
LOL: Fereydoun Khavand,
by vildemose on Sun May 23, 2010 05:42 PM PDTLOL:
Fereydoun Khavand, author of 'le nouvel ordre commercial mondial' and Dr. P. Mina.
//www.roozonline.com/english/news/newsitem/article/2010/april/21//no-refineries-self-sufficiency-is-a-joke.html
//www.businessweek.com/news/2010-05-13/iranian-subsidy-cuts-to-begin-in-september-ahmadinejad-says.html
They all have several publications.You'll also find plenty of non-Iranians experts but typically the angle is Oil.
Here is a quote from Khavand on a specific Oil project: "Lost in their childish internal conflicts of conservatives fighting reformists and happy with their death to America, the Iranian clerical rulers lost this big game and with that, deprived the nation of billions of revenues"