Mohammad Ali Dadvar said the plant is now processing 450,000 barrels of gas condensate, adding the refinery supplies 47 ml/d of Euro-5 diesel.

He said each phase of the plant operates at 150,000 b/d of processing capacity, adding that by optimizing processes in the facility, the plant’s daily production capacity has reached 90,000 b/d.

Plans are underway to add another 90,000 b/d to the refinery’s capacity by the end of the current calendar year to March 20, he added.

Dadvar further said that the naphtha output of the facility is at an average of 40 to 50,000 b/d which is consumed by Arak and Tabriz petrochemical plants.

According to him, over $300 million worth of oil products of the refinery was exported overseas in the past Iranian calendar year (ended March 20, 2019), Dadvar stated.

Turning Islamic Republic of Iran from gasoline importer into potential exporter of this strategic product has been one of the salient achievements behind inauguration of third stage of the Persian Gulf Star Refinery in the last year (ended March 20, 2019), he stressed.

As the largest gas condensate production refinery in the world, Persian Gulf Star Refinery is located on western angle of Bandar Abbas Refinery, he said, adding, “production capacity of this refinery stands at 360,000 barrels of gas condensates.”

Zanganeh said on Monday that the third phase of Persian Gulf Star Refinery (PGSR), in the city of Bandar Abbas, southern Hormozgan province, will go into full swing in the coming weeks, which will increase the country’s gasoline output to over 100 million liters per day.

According to previous reports, Iran’s gasoline output currently stands at 95-97 million liters per day.

This will help the country become self-sufficient in meeting domestic demands, as Iranians burn around 100 million liters of the strategic fuel every day.

The key refinery was designed to help complete the value-added chain in the oil and gas industries.

PGSR, which is described as the Middle East’s largest refinery, is built in three phases. Each phase is designed to produce 12 million liters per day of high-octane gasoline and diesel, as part of efforts to wean Iran away from the fuels’ import.