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Iran’s car owners reduce petrol purchase by two or three times

Oil&Gas Materials 19 August 2010 12:58 (UTC +04:00)

Azerbaijan, Baku, Aug.19 / Trend /

Reducing quotas and increasing prices for petrol in Iran contribute to the fact that drivers' purchasing capacity filling 20-30 liters of petrol earlier, fell to 5-10 liters, Iranian İLNA news agency quoted head of petrol stations syndicates Bijan Haji Muhammadrza.

He said decrease in customers' purchasing capacity is also observed in motorcycle drivers. "Motorcyclists buy 1-2 liters of petrol," Muhammadrza said.

This provokes the long turns at gas stations and receive of a low income with a large volume of works, he added.

According to him, due to drivers' inability to buy petrol, sold for 0.4 dollars, they are forced to fill the petrol tanks of their cars, coming to gas stations several times a day.

At present, in Iran daily petrol consumption is 65 million liters on average. Given that local factories produce more than 44 million liters of petrol per day, Iran is forced to import about 21 million liters of petrol per day from abroad.

Since the summer of 2007, Iran introduced quotas for sale of petrol. Petrol on these quotas for private cars to 100 liters per month is sold at public cost - 0.1 dollar, in free sale (purchase in excess of quota) - for 0.4 dollar.

In the next two years, Iran plans to increase fuel prices to international standards. According to some reports, within five years the cost of petrol in the country will reach 0.8 dollar.

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