Dec. 12 (Bloomberg) -- Iran’s Abadan refinery will raise its daily output of high-octane gasoline by almost 2 million liters (12,600 barrels) before Jan. 20, the oil ministry website Shana reported, citing Abdolreza Mehraban, managing director of Abadan Oil Refining Co.
The Persian Gulf state is working on building a new refinery complex in Abadan, which upon completion would increase daily production of 94-octane gasoline to 6 million liters, according to the report. The first phase of the expansion plan came on stream in June with a production capacity of 4.2 million liters, Shana said.
Iran is the second-largest oil producer in the Organization of Petroleum Exporting Countries after Saudi Arabia. The Abadan refinery has a crude oil processing capacity of about 360,000 barrels a day, according to Bloomberg data.
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