Iran's President Hassan Rouhani has said the inauguration of the second phase of the Persian Gulf Star oil refinery in the southern port of Bandar Abbas has brought the country closer to self-sufficiency in gasoline production. Rouhani suggested that the fuel could even be exported if domestic consumption was limited to 80 million litres daily. The new plant will produce about 1 billion litres a day and is expected to start operations by mid-2018. US President Donald Trump recently called on all countries to stop importing Iranian oil after reimposing sanctions.
Iran's President Hassan Rouhani has said the inauguration of the second phase of the Persian Gulf Star oil refinery in the southern port of Bandar Abbas has brought the country closer to self-sufficiency in gasoline production. Rouhani suggested that the fuel could even be exported if domestic consumption was limited to 80 million litres daily. The refinery converts light crude, or condensate, into gasoline and naphtha, and the new phase will allow it to produce 24 million litres of petrol per day. US President Donald Trump recently called on all countries to stop importing Iranian oil after reimposing sanctions.