What are problems of Iran's oil exporters?
BAKU, Azerbaijan, Nov. 22
By Elnur Baghishov - Trend:
Iran's oil exporters have many problems and the internet shutdown in the country has increased the number of these problems, a member of the Iranian Oil, Gas and Petrochemical Products Exporters' Association (OPEX) Farzam Gholchen said, Trend reports citing ILNA.
As for other problems in the export of petroleum products, the cost of raw materials for processing does not match the price of the final product and this creates problems with exports, Gholchen said.
Customs regulations also have a negative impact on exports, the expert added, noting that sudden issuance of new rules to customs also impedes exports.
Earlier, in August 2019, the OPEX Chairman Abulghasem Hashemi noted that if export problems are solved, Iran's petrochemical exports will reach $10 billion. According to the OPEX chairman, 30 percent of Iran's total petrochemical exports fell to the share of OPEX members.
Over the past few days, there have been a number of peaceful protests over the rise in gasoline prices in Iran. In some cases, the protests resulted in riots. On Nov. 15, the price of gasoline sold within quotas in Iran rose by 10,000 rials (23 cent) to 15,000 rials (35 cent) per liter and the price of freely sold gasoline grew to 30,000 rials (71 cent) per liter.