Iran to Build Largest Gas Condensate Refinery

Persian Gulf Star Refinery Pic IRNA

Tehran                                                                                                                                                                                21 April 2018                                                                                                                                                                   (IRNA)

Mohammad Ali Dadvar, Managing Director of ‘Persian Gulf Star Refinery’ (PGSR) said that the volume of gasoline production in the refinery is to hit 24 million liters a day.

He told reporters on Saturday that construction expenses for the refinery is around 4 billion dollars, which is totally paid by domestic resources.

Dadvar said that the final capacity of the refinery is to be 360,000 barrels a day and in phases of one and two would be 240,000 barrels a day.

He said that 16 million liters of gasoline is being produced now, which will be 24 million liters next week.

Dadvar said producing gasoline of the refinery has Euro-5 standard and added that currently 9 million liters of diesel fuel and 1,200 tons of liquid gas produced daily.

He reminded that by operating the phases of the PGSR Iran will be self-sufficient in gasoline production.

/ Economy

About the Author

M Ashraf Siddiqui

Editor and publisher Ashraf Siddiqui is a well known Qatar based journalist and a social worker. He has been in Arabian Gulf Peninsula over 4 decades and enjoys rich knowledge on Middle East affairs

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