Azerbaijan, Baku, May 4/ Trend F.Karimov/
Iran is currently exporting 20 million liters of oil products per day, the Mehr News Agency quoted Iranian Deputy Oil Minister Alireza Zeighami as saying.
He also said that crude oil refining capacity has increased to 1.8 million barrels per day.
Strategic reserves of gasoline and diesel fuel will be increased by 1.3 billion liters this year, he noted.
At present, Iran has the capacity to store 11.5 billion liters of fuel, which is sufficient for 58 days of consumption. Last year, 16 storage facilities were inaugurated nationwide, boosting the country's storage capacity by 1 billion liters. The storage capacity is planned to hit 14.5 billion liters by 2016.
Previously, Zeighami said that a package of investments, worth $47.5 billion, has been prepared to develop different sectors of oil refining and distribution industry, the Mehr News Agency reported.
He also said that the national oil pipeline network will be expanded to 5,100 kilometers from 3,700 kilometers by 2015.
Some $2 billion should be invested by 2015 to boost the storage capacity of oil products, the official noted.
At present, Iran exports gasoline and diesel fuel to neighboring countries, Zeighami said.
In April, the Shana News Agency quoted National Iranian Oil Products Distribution Company managing director Mostafa Kashkouli as saying that Iran will establish new oil products storage facilities with the capacity of 1.3 billion liters.
The facilities will come on stream by the end of the current Iranian calendar year (March 20, 2014).
