Iran exports its first gasoline cargo

The Director General of Iran's Setare Khalij Fars (Persian Gulf Star) refinery has said the products of the refinery, including gasoline, have been exported for the first time to neighbouring countries, entering the international stock markets and commodity markets for the first time.

Iran Press/Iran news: Mohammad Ali Dadvar praised the export as a historical event saying that the cargo was sold $20 per barrel more expensive than that is registered in Platts Publication, which is indicative of Iran's appropriate practice for entering global markets.

With regard to the fact that Iran's markets are saturated for purchasing gasoline, Director General of Setare Khalij Fars refinery said: "The export of gasoline has been on our agenda, for entering the strategic export market," Iran Press reported.

Dadvar referred to the company's experience in selling other petrochemical products both in the national and international markets and expressed confidence that the demand for Iranian gasoline is set to increase substantially in the coming months.

Dadvar added: "In exporting petrochemical products, today, we have a good share of Afghanistan and Pakistan's markets, with African countries, Armenia, and Iraq added recently to our growing list of customers."

Earlier, the managing director of Iran's Energy Exchange (IRENEX) had said that the country has reached self-sufficiency in the production of gasoline, and from July 2019 Iran would actually export gasoline following the completion of the third phase of the Persian Gulf Star Refinery. 101/211/215

Read more: 

Iran an exporter of gasoline from July 2019

Iran self-sufficient in gasoline shows sanctions failure: Rouhani