Baku, Azerbaijan, Feb. Mar. 4
By Rahim Zamanov - Trend:
The Managing Director of National Iranian Gas Company Hamidreza Araqi said on Mar. 4 that Iran will definitely increase gas prices in the next Iranian calendar year (starts March 21), Iran's ISNA News Agency reported.
"However, the exact date is not yet clear," he explained.
Araqi further assured Iranians that the gas price will not be increased in the current year, (ends March 20).
"We have not decided on the price yet," he said.
On March 2, the Managing Director of the Iranian Fuel Conservation Company, Nasrollah Seifi, said that Iranians currently pay for 16 per cent of the real price of natural gas and the government pays for the rest in the form of a subsidy.
According to him, the final price of natural gas after implementation of the subsidy reform plan should be around 18,700 rials per cubic meters. The figure currently stands at 700 rials.
"Household consumption accounts for the lion share of the country's total gas consumption," he said.
Edited by S.M.