IEA says Iran may not sustain gasoline output rise

14 October 2010

Iran may not be able to keep up plans to convert petrochemical plants to increase its production of gasoline

The International Energy Agency has said that Iran may not be able to keep up its announced strategy of converting petrochemical plants to increase its production of gasoline, Reuters has reported. Last August, Iran exported for the first time gasoline with low 75 research octane number (RON), after the government said it has become self-sufficient and started to export. “Even assuming that self-sufficiency has been fully achieved, increasing gasoline output at the expense of other petrochemicals is arguably unsustainable,” the IEA said in its monthly market report.

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