News ID: 263714
Published: 0425 GMT December 30, 2019

Gasoline consumption in Tehran down 11%

Gasoline consumption in Tehran down 11%
tasnimnews.com

Domestic Economy Desk

Gasoline consumption in the Iranian capital of Tehran has declined by 11 percent since the Iranian government’s implementation of a plan to ration the fuel in the country in mid-November 2019.

This is shown by figures provided by the National Iranian Oil Refining and Distribution Company (NIORDC), IRNA reported.

On November 15, Iran introduced gasoline rationing and price hikes with Mohammad Baqer Nobakht, the head of the country’s Budget and Planning Organization, saying that the revenue would be used to increase the amount of monthly subsidies granted to 18 million needy families.

Following the announcement made by the Iranian government, the country’s gasoline consumption declined to 75 million liters per day from 95 million liters per day, IRNA reported.

In addition, the people have demonstrated greater willingness to use other fuels such as liquefied petroleum gas and compressed natural gas after the implementation of the rationing plan began.

Lower domestic consumption will enable Iran to increase gasoline exports and reduce air pollution in megacities.

NIORDC’s statistics indicate that during December 22-30, 2019 average gasoline consumption in Tehran stood at 14.8 million liters per day.

This is while the figure amounted to 16.6 million liters in the same period last year.  

The close to two-million-liter daily decline in gasoline consumption in the Iranian capital comes as during the past 12 months, the number of automobiles in Tehran has increased.

Iran, which has some of the world’s cheapest fuel prices due to heavy government subsidies, has been fighting rampant fuel smuggling to neighboring countries.

 

 

 

   
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Resource: IRNA
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