Armenia, Tajikistan to buy Iran’s Avgas

Last year, the volume of Iranian exports of gasoline and aviation fuels met with a five-fold increase from 3,000 tons to 15,000 tons.

Given the boost in production and exports, Iran has launched a fresh round of talks with neighboring countries with an aim to seal short and long-term agreements on exporting various types of aviation gasoline especially to countries in Central Asia and the Caucasus.

National Iranian Oil Refining and Distribution Company has held negotiations with Armenia under which the two sides will sign a six-month spot contract for Avgas exports.

Iran has also initiated negotiations with Tajikistan that in case of reaching an agreement, Tehran will be able to export various types of aviation fuels to Dushanbe by late August.

Iran began exporting its first aviation fuel shipment to international markets when a 12.5-kilometer-long pipeline, aimed at increasing the exports of jet fuel, came on stream in Bandar Abbas, the center of the Hormuzgan province, in 2012.

Currently, there is a capacity of 7 million liters daily export of Iranian aviation fuels, and the country is exporting the jet fuel to global markets under IATA standards.

By Mehr News Agency

Source Article from http://theiranproject.com/blog/2016/05/27/armenia-tajikistan-buy-irans-avgas/

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