GPCA ’10: Iran to be self-sufficient in gasoline by mid-2011 -source

09 December 2010 10:47  [Source: ICIS news]

DUBAI (ICIS)--Iran’s gasoline production would be sufficient for the country’s needs as new refineries would commence production by mid-2011, and this is also expected to ease the current aromatics export crunch, said a source with Iran’s PCC on Thursday.

Iran’s tight export conditions for benzene and toluene were expected to ease from mid-2011 with the start of the new refineries, the source said but did not give any details.

Benzene and toluene exports dried up from September 2010, when the country had to shutdown aromatics production for a period as it channelled reformate for gasoline production following US-led sanctions on importing the automobile fuel.  

Iran’s National Petrochemical Company’s three aromatics units- Borzouyeh Petrochemicals, Bou Ali Sina and Bandar Imam Petrochemical Co (BIPC)- were all operating at present, he said.

Borzouyeh produces about 430,000 tonnes/year of benzene, while Bou Ali Sina and BIPC produces about 180,000 tonnes/year and 300,000 tonnes/year of benzene respectively.

At present, benzene and toluene cargoes for export were limited, while exports of styrene monomer (SM) and paraxylene (PX) were also expected to resume from December, he added.

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By: Mahua Chakravarty
+65 6780 4359

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