President Rohani has inaugurated Iran’s first condensate splitter. But it remains unclear how close Iran is to achieving planned gasoline self-sufficiency.

Iran’s President Rohani on 30 April launched the first of three 120,000 b/d Persian Gulf Star (PGS) condensate splitters at Bandar Abbas. But the project, under construction since 2007 and delayed by international sanctions, is unlikely to immediately enable Iran to halt gasoline imports.

Iran’s reliance on gasoline...