Why Iranian MPs disagree on increasing gasoline prices?

Oil&Gas Materials 3 May 2019 10:44 (UTC +04:00)

Tehran, Iran, May 3


A member of Iranian parliament's energy commission believes that one of the reasons why the fuel price issue isn't seriously reviewed is because the local MPs do not want to lose their votes, by increasing the prices.

Although the gasoline price in the budget plan of the current Iranian year (started on March 21) has been determined at $0.23 per liter, there is still uncertainty in the government to increase the fuel price and other energy carriers as well.

"The gasoline price issue is currently being reviewed by the government and the Supreme Economic Council,” Ali Adiyani told Trend.

“In this regard, both the merger commission and the energy commission had meetings and the benefits and disadvantages of dual rate gasoline were discussed, but it would be up to the government to submit a bill to the parliament,” the MP said.

“In general, I believe this recent situation with gasoline is not in the national economy`s interests. On the other hand, achieving a single decision in this regard has complexities,” Adiani said.

He added that during these years, the government has not implemented the law of subsidies and pricing of energy carriers, including gasoline.

"The reason why the gasoline rate is not seriously assessed and agreed upon is because the MPs do not want to lose their ballot by increasing the gasoline price,” he added.