Commodity Market Report

Iran product markets long-term outlook H2 2018

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09 January 2019

Iran product markets long-term outlook H2 2018

Report summary

Iran is actively investing in its refining sector which will materially impact its refined product balances; Historically Iran has relied on imports of gasoline and diesel/gasoil to meet domestic needs however, looking ahead, demand should be better met by local sources. We forecast Iran to begin exporting gasoline, and have a growing diesel/gasoil and jet/kerosene surplus, as a number of refinery projects come to market.

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