Financial Tribune - Oil Minister Bijan Namdar Zanganeh says so long as gasoline is not rationed, vehicle owners will not take fuel cards as seriously as expected. The minister says the initiative to resume use of the smart fuel cards without restarting the 2007 gasoline rationing system would be like beating the air, local news outlets reported ...

Tehran Times - National Iranian Oil Products Distribution Company (NIOPDC) will offer 10,000 tons of gasoline produced in Irans Persian Gulf Star Refinery (PGSR) at the international ring of Iran Energy Exchange (IRENEX) on Wednesday, IRIB reported. The base price for each ton at this offering is set at $581. The minimum amount of sales will ...

MNA American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks like pump prices are headed higher. Gasoline pump prices have already jumped about 25 percent this year, the fastest rate in three years. Trump administration sanctions ...

Tehran Times - In its recent plan, Irans Parliament Research Center has suggested the government to allocate 480,000 rials (about $11.4) of cash subsidies, the present price for 24 liters of gasoline, to each individual Iranian monthly, Jam-e-Jam daily reported on Monday. In case of not using the 24 liters of gasoline per month, individuals can ...

Press TV - Iran says a major refinery project that it put on stream on Thursday would make it immune to US sanctions against its purchases of gasoline. Irans Petroleum Minister Bijan Zanganeh was quoted by media as saying that the Islamic Republic had no major concern about the sanctions after Phase Two of Persian Gulf Star Refinery became operational....

SHANA - Abadan Refinery, Iran's first refinery, has increased its gasoline production capacity to 12 million liters per day. According to the facility's CEO Esfandiar Daem-o-Zekr, the plant's petrol output was at 10 ml/d recently which has increased to 12 ml/d after launching 2 refining units at the facility. The units were left hamstrung for ...

Tasnim - The second phase of a large refinery constructed in southern Iran by an entity affiliated with the Islamic Revolution Guards Corps has come on stream, making the country self-sufficient in gasoline production, an IRGC general said. Speaking at a press conference on the sidelines of an international oil exhibition in Tehran, General Ebadollah ...

SHANA - The CEO National Iranian Oil Products Distribution Company (NIOPDC) is planning to issue a call for attraction of investment to finance a gasoline vapor recovery project in gas stations. Speaking to Shana, Mohammad Reza Mousavikhah, NIOPDC CEO, said development of the project, dubbed as KAHAB, requires fresh investment and the company is ...

Press TV - Irans latest refinery figures show the countrys production of Euro-4 gasoline has seen a significant rise in a sign that shows the country is moving closer to clean fuel standards. Figures released by the National Iranian Oil Refining and Distribution Company (NIORDC) showed that the countrys refineries had produced 25.8 million liters ...

Financial Tribune - Gasoline consumption in the calendar month that ended on May 21 reached a total of 2.42 billion liters, or more than 78 million liters per day on average. According to Mehr News Agency, the daily consumption of gasoline in the period indicates an 8% rise compared to the corresponding period in fiscal 2016-17, during which 71....

Shana -- Iran is ready to launch a Euro-4 petrol production unit at Bandar Abbas Oil Refinery that will add 3 million liters to the country's daily production capacity. The project is being prepared for startup and will soon be officially inaugurated, director of the refinery said. The unit comprises four main sections, namely, heavy naphtha ...

Financial Tribune - Atotal of 1.114 billion liters of gasoline, or 85.6 million liters daily, were burned during the Persian New Year holidays (March 21-April 2), said a spokesperson for the National Iranian Oil Products Distribution Company. The volume is 5.5% higher than consumption during the previous Persian New Year holiday season. In addition,...

  SHANA- Iran says it will add at least 16 million liters to its gasoline output in the near future once new refining projects come online across the country.     Managing Director of the National Iranian Oil Products Refining and Distribution Company (NIOPRDC) Abbas Kazemi said on Monday that the amount will be added to the ...

MNA Irans oil minister told the media on Tuesday that with completion of the 1st phase of Setareh Khalij Fars Refinery, Iran will stop importing gasoline from March. The first phase of Setareh Khalij Fars (Persian Gulfs Star) Natural Gas Condensate Refinery will be tapped in near future and consequently Iran will become self-sufficient in producing ...

  TEHRAN, Sept 03 (Shana) Deputy Head of National Iranian Oil Products Distribution and Refining Company (NIOPDRC) Shahrokh Khosravani says up to the beginning of the Iranian month of Shahrivar (August 21-September 21), Iranian gasoline reserves had exceeded 1.4 billion liters.Khosravani told Shana that the volume of Iran's gasoline reserves ...

Iran plans to increase its refining capacity for crude and condensate by more than 70 percent within the next four years as it works to improve the quality of fuel sold on the domestic market and wean itself off imported gasoline. ThePersian Gulf oil producer will raise capacity to about 3.2 million barrels a day by 2020 from 1.85 million currently ...

  TEHRAN, June 08 (Shana) -- A new gasoline production unit will become operational at Lavan Refinery within a period of two months to produce Euro-4 petrol, an official said. Shahrokh Khosravani, deputy managing director of National Iranian Oil Refining & Distribution Company (NIORDC), said the gasoline unit of the refinery will come ...

  TEHRAN, April 10 (Shana) - Iranian Ministry of Petroleum has issued a statement to deny any raise in the price of gasoline in Iran for the time being. Rejecting recent media speculations that the ministry is mulling an increase in the price of the product, the public relations department of the ministry issued a statement on Sunday evening,...

TEHRAN, March 12 (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the first phase of Persian Gulf Refinery will come on-stream by min-2016 with a production capacity of 12ml/d of Euro-4 gasoline. Speaking during a visit to the refinery in the southern city of Bandar Abbas, Hormuzgan Province on Saturday, Zangeneh said the refinery will ...

  TEHRAN, March 2 (Shana) Managing Director of the National Iranian Oil Refining and Distribution Company (NIORDC) said that production of the countrys Euro-4 gasoline will increase to 35 million liters a day to include half of the output. Abbas Kazemi told Shana on the sidelines of the International Environment Exhibition on Wednesday ...