Gasoline Export Can Reach to 30 Mln Litres
Gasoline Export Can Reach to 30 Mln Litres

TEHRAN (Iran News) – A senior energy official announced that Iran’s gasoline export, for now, includes some 25 million to 30 million liters per day as a result of the implementation of the gasoline rationing scheme that recently came back into force. Spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters’ Union Hamid Hosseini […]

TEHRAN (Iran News) – A senior energy official announced that Iran’s gasoline export, for now, includes some 25 million to 30 million liters per day as a result of the implementation of the gasoline rationing scheme that recently came back into force.

Spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters’ Union Hamid Hosseini noted that a sum of 30 million liters of gasoline export per day can earn the country three billion to four billion dollars.

He noted that Iran presently produces 115 million liters of gasoline per day and as predicted by implementing the rationing scheme the country will have an excess of 30 million liters of gasoline per day which can be exported.

On November 13, the Iranian government started rationing subsidized gasoline and increased fuel prices as it plans to use the revenue for supporting underprivileged families.

On November 26, the Iranian Oil Ministry announced that domestic consumption has decreased by 19 million liters per day after the implementation of the gasoline rationing scheme in Iran.

Experts say rationing fuel in Iran would prevent tens of millions of liters of gas being wasted each day in a country which still grapples with the economic impacts of a series of American sanctions.

Iran increased the price of gas overnight on Friday while it imposed a cap on the use of the fuel with regular price of 15,000 rials ($0.12) per liter.

  • source : FNA, Iran News