News ID: 262691
Published: 0415 GMT December 08, 2019

Official: Rationing helps Iran export 30m liters of gasoline per day

Official: Rationing helps Iran export 30m liters of gasoline per day

A senior energy official announced that Iran can now export some 25 million to 30 million liters of gasoline per day as a result of the implementation of the recent gasoline rationing plan.

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

He noted that Iran presently produces 115 million liters of gasoline per day and as predicted by implementing the rationing plan 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 gasoline rationing scheme in Iran.

Meanwhile, Chief Executive of the National Iranian Gas Company (NIGC) Hassan Montazer Torbati said that the country will attain self-sufficiency in the gas industry from refining to distribution within the next five years.

He made the remarks on Sunday in the inaugural ceremony of 1st Development of Technology event, and revealed the completion of process of domestic production in the gas industry in the next five years.

The Iranian oil minister has followed up in earnest on issues related to startups and knowledge-based companies since the beginning of the current Iranian year (started March 21), he added.

The deputy oil minister also revealed the self-sufficiency in gas industry and added, “The country has attained relative self-sufficiency in the gas industry. Since gas industry came to being after the glorious victory of the Islamic Revolution, it has presently attained the maximum rate of self-sufficiency.”

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