Persian Gulf Star Refinery to be built in Iran

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Managing Director of `Persian Gulf Star Refinery` (PGSR) Mohammad Ali Dadvar said that the volume of gasoline production in the refinery is to hit 24 million liters a day.

He told reporters on Saturday that construction expenses for the refinery is around 4 billion dollars. which is totally paid by domestic resources.

Dadvar said that the final capacity of the refinery is to be 360.000 barrels a day and in phases of one and two would be 240.000 barrels a day.

He said that 16 million liters of gasoline is being produced now. which will be 24 million liters next week.

Dadvar said producing gasoline of the refinery has Euro-5 standard and added that currently 9 million liters of diesel fuel and 1.200 tons of liquid gas produced daily.

He reminded that by operating the phases of the PGSR Iran will be self-sufficient in gasoline production.