Thursday 28 March 2024
 
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Fuel imports

Iran targets refining capacity of 3 million bpd by 2018

Iran hopes to boost its oil refining capacity to 3 million barrels per day by 2018 from 1.9 million now with the opening of new refineries as the Opec member seeks to reduce its dependency on imports of oil products, Iranian media reported.

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Iran fuel imports set to fall 90pc in Aug

Iran's gasoline imports for August look set to be around half those of the previous month and have plunged by almost 90 per cent from a year ago, according to Reuters calculations based on trade sources. A new round of US and EU sanctions

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Iran fuel imports nosedive as sanctions bite

Only three cargoes of gasoline have so far reached Iran in July, according to a shipping document seen by Reuters, much less than the seasonal norm, as new sanctions cause ships carrying fuel to be diverted. A series of new sanctions agree

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Iran eyes fuel imports cut as sanctions loom

A planned hike in gasoline prices will cut consumption and reduce Iran's dependence on imported fuel, a senior official said on Monday, dismissing the threat of more international sanctions on the Islamic state. Iran is the world's

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Iran needs another $3bn for 2009-10 fuel imports

Iran needs an additional $3 billion to pay for imports of gasoline until March 2010, a government transport management official said in comments published on Monday. Iran is the world's fifth-largest oil producer, but lacks sufficient

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