Iran is getting ready for war !
Bush says they have 'till mid-July.
Iran say's they will have an answer August 21.
On September 23, they start rationing ?
Budget constraints my @ss. This is one huge DOT.
Bluff or not, it is the most important quote of the year.
IMHO, they are either preparing for the mother of all embargoes or a cratered world economy, or BOTH.
I believe Iran imports about 95% of it's refined oil products.
"From Reuters Int."
TEHRAN (Reuters) -Fri Jun 23, 2006
Iran will halt gasoline imports from September 23 and start rationing gasoline supplies to motorists because of budget constraints, Iranian Oil
Minister Kazem Vaziri-Hamaneh said on Friday.
"Next week will be time to decide when we start rationing. Because there is no budget for importing gasoline in the second half of the year,
naturally imports will be stopped and gasoline will be supplied by rationing," he said on state television.
Hers is an older article on Irans refining situation.
Sunday, February 19, 2006 - ©2005 IranMania.com
LONDON, February 19 (IranMania) - Deputy Oil Minister said the country's refining capacity is slated to increase to 900,000 barrels daily within the
next five years, IRNA reported.
Touring the Arak Oil Refinery Complex Mohammad Reza Nematzadeh also the head of Iran Refining and Oil Derivative Distribution Company said that the
refineries like other industrial units have a useful life.
"Modernization and renovation of some of the older refineries is on the oil ministry's agenda," he added.
Abadan with 90 years of age is the oldest refinery in the country.
The complex is undergoing some modernization and repair, the deputy oil minister said.
He added that Arak refinery complex will be cofigured to refine heavy fuel to light and airplane fuel.