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Iran's fuel consumption decreases

Oil&Gas Materials 17 October 2022 13:16 (UTC +04:00)

TEHRAN, Iran, October 17. Iran's gasoline consumption has decreased by 150 million liters within 2 months, Trend reports citing Mehr.

In August, Iran has reduced the amount of monthly gasoline quota on personal fuel cards from 250 liters to 150 liters.

Head of National Iranian Oil Refining and Distribution Company (NIORDC) Jalil Salari said this decision resulted in the country's gasoline consumption dropping by 150 million liters in two months.

He said that the mentioned plan has been implemented after close monitoring of the fuel supply channels.

All Iranians who own a car have a 60-liter quota of gasoline at the heavily subsidized rate of about 5 cents a liter, but were also allowed to buy 250 liters more at about 10 cents, which is again heavily subsidized, at about 37 cents a US gallon.

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