• About Us
  • Subscription
  • Contact Us
Monday, June 2, 2025
  • Login
Iran Times
  • Home
  • What’s the News
    • All
    • baygani
    Shah’s Grand Daughter Weds American In New York

    Shah’s Grand Daughter Weds American In New York

    Fruit Peddler To Hang For His Protest Poetry From Buying Texas Land

    Fruit Peddler To Hang For His Protest Poetry From Buying Texas Land

    UK Arrests Two Bands Of Iranians For Plotting Attacks

    UK Arrests Two Bands Of Iranians For Plotting Attacks

    Storms Pound Many Parts Of Iran, Killing Nine

    Storms Pound Many Parts Of Iran, Killing Nine

    Snatch And Grab Thievery Now All The Rage

    Snatch And Grab Thievery Now All The Rage

    Cousin Murders TV Hostess For Her Wealth

    Iranian Student In Alabama To Self-Deport Despite Withdrawal of Initial

    Iranian Student In Alabama To Self-Deport Despite Withdrawal of Initial

    Novel Tells Story Of Five Women In A Family That Leaves Iran For America

    Novel Tells Story Of Five Women In A Family That Leaves Iran For America

    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

  • Diaspora
  • Economy
    Banks Must Keep More Money On Hand

    Banks Must Keep More Money On Hand

    Russian Says Iran Watermelons Unsafe

    Russian Says Iran Watermelons Unsafe

    Iran Not To Be Self-Sufficient In Wheat This Year

    Iran Not To Be Self-Sufficient In Wheat This Year

    Opec Pumps More Crude, Just When Its Not Needed

    Opec Pumps More Crude, Just When Its Not Needed

    Lithium Deposits Being Hyped By Some in Iran

    Lithium Deposits Being Hyped By Some in Iran

    Despite Trump, Iran Sells China More Oil

    Despite Trump, Iran Sells China More Oil

    Despite Revolutionary Goals, Iran’s Exports Still Mostly Oil-Based

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    The Oil Patch

    The Oil Patch

  • Tidbits and Morsels
  • Latest

    Drone Attack That Killed 3 US Troops in Jordan Could Have Been Foiled

    Iranian-Canadians Reportedly Turned Away at US Border

    Iranian-Americans: an Account of Integration and Achievement

    Jamshid Myth

    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Subsidized Currency Stays

    Crypto Crackdown Seen as Fueling Rial Collapse

    Iran no Longer Advances Clocks at Now Ruz

    Iran no Longer Advances Clocks at Now Ruz

  • About Us
  • Advertising
  • Subscription
No Result
View All Result
  • Home
  • What’s the News
    • All
    • baygani
    Shah’s Grand Daughter Weds American In New York

    Shah’s Grand Daughter Weds American In New York

    Fruit Peddler To Hang For His Protest Poetry From Buying Texas Land

    Fruit Peddler To Hang For His Protest Poetry From Buying Texas Land

    UK Arrests Two Bands Of Iranians For Plotting Attacks

    UK Arrests Two Bands Of Iranians For Plotting Attacks

    Storms Pound Many Parts Of Iran, Killing Nine

    Storms Pound Many Parts Of Iran, Killing Nine

    Snatch And Grab Thievery Now All The Rage

    Snatch And Grab Thievery Now All The Rage

    Cousin Murders TV Hostess For Her Wealth

    Iranian Student In Alabama To Self-Deport Despite Withdrawal of Initial

    Iranian Student In Alabama To Self-Deport Despite Withdrawal of Initial

    Novel Tells Story Of Five Women In A Family That Leaves Iran For America

    Novel Tells Story Of Five Women In A Family That Leaves Iran For America

    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

  • Diaspora
  • Economy
    Banks Must Keep More Money On Hand

    Banks Must Keep More Money On Hand

    Russian Says Iran Watermelons Unsafe

    Russian Says Iran Watermelons Unsafe

    Iran Not To Be Self-Sufficient In Wheat This Year

    Iran Not To Be Self-Sufficient In Wheat This Year

    Opec Pumps More Crude, Just When Its Not Needed

    Opec Pumps More Crude, Just When Its Not Needed

    Lithium Deposits Being Hyped By Some in Iran

    Lithium Deposits Being Hyped By Some in Iran

    Despite Trump, Iran Sells China More Oil

    Despite Trump, Iran Sells China More Oil

    Despite Revolutionary Goals, Iran’s Exports Still Mostly Oil-Based

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    The Oil Patch

    The Oil Patch

  • Tidbits and Morsels
  • Latest

    Drone Attack That Killed 3 US Troops in Jordan Could Have Been Foiled

    Iranian-Canadians Reportedly Turned Away at US Border

    Iranian-Americans: an Account of Integration and Achievement

    Jamshid Myth

    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Subsidized Currency Stays

    Crypto Crackdown Seen as Fueling Rial Collapse

    Iran no Longer Advances Clocks at Now Ruz

    Iran no Longer Advances Clocks at Now Ruz

  • About Us
  • Advertising
  • Subscription
No Result
View All Result
Iran Times
No Result
View All Result

Government promising 80 million liters of gasoline

A year ago, Iranian drivers were averaging 66 million liters a day while Iranian refineries had a capacity of just 44 million liters. Iran had to import the difference.

A number of American congressmen thought they saw a weakness they could exploit and pushed for sanctions against international firms that sold Iran gasoline.

After two years of debate, those sanctions were passed last summer. But it was too late. Iran had had plenty of time to prepare.

The sanctions did work in the sense that most international distributors halted their business with Iran rather than face problems with the United States.

Iran, however, received some exports—from Venezuela and maybe others. But the big difference resulted from converting some petrochemical plants to refining gasoline. Then in December, the government finally started eliminating subsidies, which drove up the price of gasoline and drove down consumption.

Daily consumption now is in the range of 50-55 million liters.

The output of 80 million liters a day, announced Monday by Oil Minister Masud Mir-Kazemi, will exceed consumption by about half and allow Iran to export gasoline.

But it isn’t clear if Mir-Kazemi’s projection is reasonable. Iran has been having trouble with its years-old plan to expand gasoline output. Refinery expansions are far behind schedule. Mir-Kazemi’s announcement may have been more chest-thumping than realism.

Yet the key point is that Iran only needs to boost gasoline output from 44 million liters a day to 55 million in oder to foil the plots of the American congressmen. And that appears to have been done already.

The government says gasoline production now is 54.5 million liters daily. There is, however, no way to verify that number. But there have not been reports of long lines at gasoline stations or of customers being turned away frequently for lack of fuel in the stations.

Previous Post

The Oil Patch

Next Post

Iran tells China: Let’s trade in your yuan and our rial

Related Posts

Banks Must Keep More Money On Hand
Economy

Banks Must Keep More Money On Hand

Russian Says Iran Watermelons Unsafe
Economy

Russian Says Iran Watermelons Unsafe

Iran Not To Be Self-Sufficient In Wheat This Year
Economy

Iran Not To Be Self-Sufficient In Wheat This Year

Next Post

Iran tells China: Let’s trade in your yuan and our rial

Corruption probes could scare away investors from Iran

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Contact Us
  • Advertising
  • Subscription
  • Culture
  • Economy
Call us: +1 (202)-659-9868

© 1970-2025 Iran Times - ‬An‭ ‬Independent‭ ‬Newspaper

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • What’s the News
  • Diaspora
  • Economy
  • Tidbits and Morsels
  • Latest
  • About Us
  • Advertising
  • Subscription

© 1970-2025 Iran Times - ‬An‭ ‬Independent‭ ‬Newspaper

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version