(MENAFN) Iran exported more than 1 billion USD value of gasoline in the first five months of the present Iranian agenda year (March 20-August 21), following reduce of expenditure and enlarge of manufacture in the country.
In spite of the sanctions, industry data indicates that Iran has not only managed to carry on exporting some volumes but in reality increased exports approximately three-fold in the talked about phase contrasted to the preceding year.
The important boost in the country's gasoline manufacture and exports comes in spite of the fact that approximately 15 years ago Iran was importing more than 10 billion liters of gasoline annually.
Iran became a net gasoline exporter in February 2019, subsequent to the investiture of the third phase of the Persian Gulf Star Refinery (PGS) plan which added 120,000 barrels to the country's every day gasoline manufacture.
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