BAKU, Azerbaijan, August 19. Iran is implementing measures to reduce gasoline imports, aiming to save $48 million annually, said Keramat Veis Karami, CEO of the National Iranian Oil Products Distribution Company (NIOPDC), Trend reports.
Speaking at a signing event of a contract between NIOPDC and Irankhodro Automobile Manufacturing Company, Karami mentioned that, as per the deal, Irankhodro will roll out 25,000 dual-fuel vehicles that can run on both gasoline and compressed natural gas (CNG).
He indicated that approximately $15 million of the conserved
capital will be allocated to augment the supply of gas transacted
on the Energy Exchange for these vehicles.
Kerami also highlighted that a substantial volume of 138 million
liters of gasoline was allocated to fuel distribution points on
August 19, marking an increase from the 127 million liters
dispensed on the corresponding date in the previous year. Projected
daily gasoline utilization is anticipated to ascend to 140 million
liters in the forthcoming month (August 23, 2025).
At present, the quotidian consumption of compressed natural gas is
quantified at 16 million cubic meters, with strategic initiatives
in place to escalate this figure to 40 million cubic meters in the
forthcoming timeline. The nation presently boasts an approximate
fleet of 4 million vehicles operating on dual-fuel systems.
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