Iran to stop gasoline imports by 2009

Nov 10, 2007 01:00 AM

An official from National Iranian Oil Refining and Distribution Company has announced that the country will soon stop gasoline imports.
Iran will produce enough gasoline to meet its domestic needs by 2009 and will be able to export the fuel a year later, a senior adviser with the company said. He added that Iran would increase the refining capacity from 1.65 mm barrels to 3.3 mm per day.

Iran implemented a gasoline rationing plan this year to decrease consumption and cut enormous government subsidies for the product.
Iran is currently one of the biggest importers of petrol in the world.

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