Iran inks €2.6bn deal to revamp Abadan refinery

Moreover, 15.5 million liters of diesel fuel, 7.1 million liters of furnace oil, 3.9 million liters of jet fuel, and 1.5 million liters of liquefied gas will be added to the refinery's production capacity, he added.In October 2012, the Iranian students news agency (ISNA) quoted Zeiqami as saying that Iran is currently producing 25 million liters of premium gasoline per day, meeting Euro-4 and Euro-5 standards.The country's gasoline output is projected to hit 70 million liters per day by the end of the next Iranian calendar year (March 2015), he added.Iranian Oil Minister Rostam Qassemi said in September 2012 that Iran will boost its gasoline production capacity by 10 million liters in the near future.According to official data, Iranian gasoline imports have slumped by as much as 95 percent over the last four years as rising refinery capacity and lowering fuel subsidies help neutralize western sanctions aimed at starving Tehran of fuel