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All Cash from Petrol Exports Transferred to Iran: CEO

TEHRAN (NIORDC) - The CEO of the National Iranian Oil Products Refining and Distribution Company (NIORDC) says the country has received all the revenue it has generated from exporting petrol.


Speaking on the sidelines of the 25th Iran Oil, Gas, Refining and Petrochemical Exhibition, Alireza Sadeghabadi said Iran is currently the region"s largest petrol exporter, adding despite the huge volume of petrol exports by the country, all the petrol export money has been transferred to the country.
The Deputy Minister of Petroleum for Oil Products Refining and Distribution Affairs further said Iran imported 17 million liters per day of petrol back in 2017 and the imports would have reached 35 to 40 ml/d had petrol consumption and production growth had remained unchanged since then.
However, he said, projects were unveiled since 2018 in the country which turned Iran into an exporter of the strategic item.
"Now, Iran not only pays no currency for petrol imports, it also generates revenues by exporting the item," he added.
He added: "Currently, the National Iranian Oil Products Refining and Distribution Company is the largest producer and exporter of petrol in the region, and directly exports petrol to countries such as Afghanistan, Pakistan, Armenia, Azerbaijan and Iraqi Kurdistan." 


13:37 - 23/01/2021    /    Number : 12514    /    Show Count : 132