Preface:
In line with its practice of covering all information, facts, figures and statistics of Iran’s petroleum Industry, IranOilGas Network has embarked on publishing its 5th successive Yearbook arranged in four categories which comprises ‘Iran Upstream Oil & Gas’, ‘Iran Downstream Oil’, ‘Iran Downstream Gas’, and ‘Iran Petrochemicals’, and contains all that took place in Iran’s Petroleum Industry over the past Iranian year – 21st of March 2010 to 20th of March 2011.
Over the past year, in spite of the fact that there had been no considerable change or even fewer crude oil feed stocks compared to a year earlier, treating of refining products esp. gasoline enjoyed a considerable growth. The reason for this has been the implementation of emergency gasoline production plan using petrochemical products at the refineries.
By enforcing ‘Subsidy Reform’ plan, consumption of oil products has pursued its downward trend over the past year, decreasing about 4% compared to a year earlier.
In the same period, the imports of oil products which mainly include LPG, gasoline and gasoil have been also drifting downward at about 27%.
The export of oil products which mainly consists of fuel oil has had an approximately 19% increase over the past year.
Development of Iran downstream sector of oil, which primarily consists of the construction of new refineries as well as upgrading and revamping the existing ones, did not succeed greatly over the past Iranian year. As a result, the relevant projects are either at a halt or desperately inching ahead.
Insufficient financial resources and shortage of key supplies required for these refineries have been among the main reasons for this sluggish process. Privatization and its enforcement process are among other reasons considered for the refining projects’ lack of success.
In this edition of ‘Iran Downstream Oil Yearbook’ - besides statistics - an overview of all projects, ongoing in the downstream oil sector last year, has been also provided.
IranOilGas Network is pleased with the administration and the great care taken to ensure that the statistics and figures provided in its Yearbooks are all authentic, reliable, and as per information, made known by official sources and the database available on the Network.
* Note: Throughout this Yearbook, ‘last year’ means Iranian year started on 21st of March 2010 and ended on 20th of March 2011.