Iran Targeting Export of 30mln 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 gasoline rationing scheme that recently came back into force.

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 billion to four billion dollars.

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

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