Persian Gulf Star Archives - Iran News Daily https://irannewsdaily.com/tag/persian-gulf-star/ Sat, 15 Dec 2018 11:07:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.4 https://irannewsdaily.com/wp-content/uploads/2020/04/cropped-iranlogo-32x32.png Persian Gulf Star Archives - Iran News Daily https://irannewsdaily.com/tag/persian-gulf-star/ 32 32 Iran’s exports to Persian Gulf nations exceed $6.5bn in 8 month https://irannewsdaily.com/2018/12/irans-exports-to-persian-gulf-nations-exceed-6-5bn-in-8-month/ https://irannewsdaily.com/2018/12/irans-exports-to-persian-gulf-nations-exceed-6-5bn-in-8-month/#respond Sat, 15 Dec 2018 09:45:23 +0000 https://irannewsdaily.com/?p=44922  Iran’s exports of non-oil commodities to the Persian Gulf littoral states exceeded $6.5 billion during the past eight months of the current fiscal year (March 21- Nov. 21). Data released by the Islamic Republic of Iran Costumes Administration show Iran’s exports to Oman, the UAE, Qatar, Bahrain and Kuwait surpassed $6.5 billion during the period, […]

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 Iran’s exports of non-oil commodities to the Persian Gulf littoral states exceeded $6.5 billion during the past eight months of the current fiscal year (March 21- Nov. 21).

Data released by the Islamic Republic of Iran Costumes Administration show Iran’s exports to Oman, the UAE, Qatar, Bahrain and Kuwait surpassed $6.5 billion during the period, indicating a 38% in value compared with the similar time span of last year.

Last year’s eight-month exports to the same destinations stood at $4.701 billion.

The UAE was Iran’s top export destination among Persian Gulf nations. The country imported 11.06 million tons of goods from Iran worth $5.09 billion.

Other top destinations were respectively, Oman with 1.568 million tons of goods worth $584 million, Kuwait with 2.36 million tons worth $184.64 million, Qatar with 922,977 tons of commodities worth $180.6 million, and Bahrain with 4,497 tons of goods worth $8.33 million.

Iran’s non-oil trade with Persian Gulf littoral states totaled $23.89 billion in the last Iranian year (ended in March).

The country mainly exports gas condensate, liquefied natural gas, low density oil, hydrocarbon gases, hydrocarbons, copper cathode, tomatoes, iron and non-alloy steel ingot, household cleaning detergents, bitumen, ice cream, iron/steel pipes, semi-finished iron/non-alloy steel products, floorings, and watermelons to these states.

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]]> https://irannewsdaily.com/2018/12/irans-exports-to-persian-gulf-nations-exceed-6-5bn-in-8-month/feed/ 0 Persian Gulf Star Refinery to make Iran a gasoline exporter https://irannewsdaily.com/2018/03/persian-gulf-star-refinery-make-iran-gasoline-exporter/ https://irannewsdaily.com/2018/03/persian-gulf-star-refinery-make-iran-gasoline-exporter/#respond Mon, 05 Mar 2018 08:30:59 +0000 https://irannewsdaily.com/?p=23738 Iran’s Persian Gulf Star Refinery in the southern province of Hormozgan is the first of its kind designed based on gas condensate feedstock recovered from South Pars gas field which Iran shares with Qatar in the Persian Gulf. Construction of the refinery started in 2006, but the project was delayed as the result of some […]

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]]> Iran’s Persian Gulf Star Refinery in the southern province of Hormozgan is the first of its kind designed based on gas condensate feedstock recovered from South Pars gas field which Iran shares with Qatar in the Persian Gulf.

Construction of the refinery started in 2006, but the project was delayed as the result of some mismanagement and also financial limitation due to the West-led sanctions against Iran.

Planned to have a total crude oil processing capacity of 360,000 barrels per day, Persian Gulf Star is projected to be complete by the end of the next Iranian calendar year 1397 (March 20, 2019).

Once fully operational, the refinery will add over 36 million liters of Euro-4 and Euro-5 quality gasoline to the country’s gasoline production capacity to increase it to 100 million liters per day.

When the first phase of Persian Gulf Star Refinery was inaugurated by President Hassan Rouhani on April 30, 2017, Iran said it is now self-sufficient in gasoline production.

“By inaugurating the first phase of this refinery an old dream came true. We are self-sufficient in gasoline production and in near future we will be able to export,” Rouhani said in the inaugural ceremony of the first phase.

Second phase of the refinery is scheduled to be complete by the end of the current Iranian calendar year (March 20, 2018) adding 12 million liters of Euro 5 gasoline to Iran’s capacity of the product, Alireza Sadeq-Abadi, the managing director of National Iranian Oil Refining and Distribution Company (NIORDC), announced in the inaugural ceremony of the distillation unit of the second phase on February 14.

In mid-December last year, Oil Minister Bijan Namdar Zanganeh said Iran will reach a stable status in gasoline production once the second phase of Persian Gulf Star Refinery comes on stream.

Bringing self-sufficiency for the country in terms of gasoline production, once fully operational, the Middle East’s largest processing facility for gas condensate will also play a big role to turn Iran into an exporter of gasoline.

The big job has already started as the first shipment of Euro 5 gasoline produced by Persian Gulf Star Refinery was delivered to Shahid Rajaee port in south of the country in early December last year.

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