Iran boosts gasoline imports around 50 pct

DUBAI/SINGAPORE - Iran is buying more gasoline and gas oil on international markets to boost stocks ahead of a heavy work schedule at oil refineries in the fourth quarter, trade sources said on Thursday,

By (Reuters)

Published: Thu 24 Jul 2008, 6:17 PM

Last updated: Sun 5 Apr 2015, 12:56 PM

"They've already started buying and it's being felt in the market," one trader said. "Gasoline imports are up around 60,000 barrels per day for August and September."

Iran's gasoline imports could rise as high as 170,000 bpd, up from a monthly average of 95,000-115,000 bpd, traders said.

Gas oil imports in August and September would double to around 30,000 bpd, traders said.

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