...

Iran’s petrol use up 5 percent

Oil&Gas Materials 25 December 2011 16:23 (UTC +04:00)

Azerbaijan, Baku, Dec. 25/ Trend M. Moezzi /

Iran's petrol consumption is 5 percent more than it was at this time last year, Fars News agency reported.

Based on figures released by the National Iranian Oil Products Distribution Company (NIOPDC), 59.37 million liters of petrol per day have been used.

Last year, President Mahmoud Ahmadinejad's government ended petrol subsidies to drive down petrol consumption and save the country money it spent on fuel imports. Iran began to ration petrol two years ago.

The demand for kerosene is 34 percent less than this time last year, 17 percent less for fuel oil, 21 percent less for gas oil and 21 percent less for liquid gas.

The Iranian government pays each citizen $45 a month as a compensation for a part of its commodities and energy subsides which were cut in December 2010.

Latest

Latest