Azerbaijan, Baku, Jul.6/ Trend F.Milad/
A project aimed to produce 2.8 million liters of gasoline at Tondgouyan refinery in Tehran has been launched, the Shana News Agency reported.
The project should improve octane number of gasoline from 64 to 88.
Some 1.7 trillion rials (around $140 million) has been invested in the project.
A number of petrochemical projects will come on stream by the end of the current year, which will boost the country's gasoline output by around 12 million liters per day, the National Iranian Oil Production and Distribution Company's managing director said in May.
Gasoline production units at the Imam Khomeini, Shazand, Abadan, Tondgouyan and Lavan refineries will be put into operation by the end of the year, Alireza Zeighami said, the ISNA News Agency reported.
Iran exported over 132,000 tons of gasoline, worth around $134 million, in the past calendar year.
According to the Customs Administration data, the gasoline exports rose by 127 percent in value and 108.5 percent in volume, respectively, compared to the year before.
Armenia, Afghanistan, UAE, Iraq and Oman were the destinations for Iranian gasoline, the report said, adding that Afghanistan was the major importer, accounting for $51.6 million of the total exports.
Iranian gasoline imports have slumped by as much as 95 percent over the last four years, according to official government data, as rising refinery capacity and lower fuel subsidies help neutralize western sanctions aimed at starving Tehran of fuel.
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