Baku, Azerbaijan, Oct. 5
By Elnur Baghishov - Trend:
This Iranian year (from March 21, 2019 to March 21, 2020), the total value of subsidies allocated and to be allocated for energy carriers is 9.87 quadrillion rials (about $235 billion), according to a study by an Iranian government agency, Trend reports referring to Tasnim news agency.
Some 5.41 quadrillion rials (about $128 billion) are expected to be allocated for natural gas consumption this Iranian year, according to the study.
|
Energy carrier |
In rials |
In US dollars (official exchange rate) |
|
Natural gas |
5.41 quadrillion |
128 billion |
|
Electricity |
10 trillion |
238 million |
|
Oil products (considering costs for transportation, distribution and sale) |
4.36 quadrillion |
103 billion |
|
Gasoline |
1.8 quadrillion |
42.8 billion |
|
White oil |
1.5 quadrillion |
35.7 billion |
|
Diesel fuel |
1.81 quadrillion |
43 billion |
|
Fuel oil |
2 quadrillion |
47.6 billion |
|
Liquefied gas |
1.7 quadrillion |
40.4 billion |
|
Fuel for aircraft |
1.2 quadrillion |
28.5 billion |
|
Costs for transportation, distribution and sale |
1.1 quadrillion |
26.1 billion |
|
Total of subsidies allocated for energy carriers |
9.87 quadrillion |
235 billion |
Iran’s budget for this year (March 21, 2019 - March 21, 2020) is 17.4 quadrillion rials (about $415.5 billion).