Middle East Economic Survey


No 44


Iran Boosts Domestic Gasoline Production

Despite reports of Iran exporting gasoline from petrochemical plants, this self-sufficiency drive is not sustainable, Silvia Macri writes.

As the US and its allies turn the economic sanctions screw on Iran over its nuclear program, Tehran says it has switched its petrochemical plants over to produce 125,000 b/d of gasoline, and no longer imports it. Venezuela has stopped sending gasoline to Iran,...