Iran gasoline consumption falls by 20 percent
Azerbaijan, Baku, July.23/ Trend R.Zamanov
Iran's average gasoline consumption stood at 62.7 million liters per day in the week to July 19, the IRNA News Agency reported.
The amount shows some 21 percent decrease compared to its preceding week.
July 18 with 71.6 million liters, and July 19 with 54.5 million liters recorded the highest and lowest rates of gasoline consumption in the week.
The Iran's gasoline consumption in the first 100 days of current year showed 7.2 percent increase compared to the same period of time in the previous year.
The country's gasoline consumption had soared to over 80 million liters per day in the first days of the current Iranian calendar year (which started March 21). The rise in gasoline consumption was due to the holiday trips.
The country's average gasoline consumption stood at around 71.6 million liters per day in the previous Iranian calendar year, the ISNA News Agency reported.
It is while according to the Deputy Oil Minister Alireza Zeyqami Iran's average gasoline consumption stands at around 63.5 million liters per day.
Kashkouli had also said last month that not implementing the second phase of subsidy reform plan would raise Iran's gasoline consumption to 70 million liters per day, which is 8 percent more than the current figure.
Implementing the second phase of reform plan would also prevent the country's gas oil consumption to rise by 7 million liters per day, the IRNA News Agency quoted Kashkouli as saying.
Zeyqami said last month that the country will stop producing gasoline in petrochemical complexes by the end of summer.
Once the gasoline production units of Lavan, Abadan, and Tabriz refineries come on stream, the country's gasoline production capacity would surpass Iran's consumption rate so we can stop production gasoline in the petrochemical complexes, the ISNA News Agency quoted him as saying.
Zeyqami went on to note that Iran's production capacity currently stands at 61 million tons per day.
Currently 22 million litters of gasoline conforming to euro 4 and euro 5 standards is being produced in the country, he said.
Zeyqami expressed hope that Tehran's total gasoline production capacity would reach 70 million liters per day by the end of the current Iranian calendar year (March 20, 2014).