BAKU, Azerbaijan, January 8. Iran ranks first worldwide for the cheapest gasoline, Trend reports.
The data of the Global Petrol Prices shows that as of January 1, 2024, the price of 1 liter of RON-95 gasoline in Iran is $0.029.
Libya and Venezuela follow Iran with $0.031 and $0.035 per liter, respectively.
Each person who owns a car in Iran can buy 210 liters of gasoline with a fuel card. It is possible to buy 60 liters of gasoline for 15,000 rials (about $0.35) and 150 liters for 30,000 rials (about $0.71) per month. In some cases, when there is a need for gasoline, fuel cards provided at gas stations can be used.
The Iranian side states that, on average, 115 million liters of gasoline and 112 million liters of diesel are currently produced daily in Iran.
At present, over 70 percent of gasoline and diesel in the country (75 million liters of gasoline and 70 million liters of diesel) is produced in accordance with Euro 4 and Euro 5 standards.
By March 20, 2027, it is planned to produce more than 75 percent of gasoline and diesel in accordance with Euro 4 and Euro 5 standards.
Currently, 2,286,000 barrels of crude oil and gas condensate are processed by Iran’s 10 oil refineries per day.
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