1 January 2012 - 13:38
  • News ID: 182568

TEHRAN Jan 01 (Shana): Fuel storage has reached the highest level this year and not only covers domestic consumption and exports but there is some surplus too, managing director of the National Iranian Oil Refining And Distribution Company (NIORDC) Alireza Zeighami said here today.

Not only power plants’ storage tanks but other oil products storage tanks are also full, despite this we have additional volumes of oil products’, Mr. Zeighami told Shana.

Referring to stocking needed oil products as a priority, the official said the surplus is being exported to the neighboring countries but yet there is a surplus. 

Oil products exports to the neighboring countries will be continued during the cold season, NIORDC’s top executive said adding the country will not face any difficulty due to rising processing capacity by the refineries on the one hand and adequate storage on the other hand.

Earlier Zeighami had said concurrent with dropping temperature in winter each day 230 million liters of oil products would be transported via roads by getting help from 9 thousands oil tankers.

Implementation of targeted subsidies law and its positive impacts on the country’s fuel balance, plus falling oil products consumption across the country and expanding processing capacity at oil refineries have led not only to rising the level of oil products storage but have reduced gasoline, kerosene and gasoil consumption by about 6, 21 and 5 percent respectively. 

Management of production and supplying oil products is one of the issues the ministry of petroleum pursues seriously each winter. At present 67 percent of the oil derivatives transportation is carried out via pipelines that are operating without any problem.

 

News ID 182568

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