Iran announces volume of gasoline consumption

Oil&Gas Materials 8 March 2020 16:19 (UTC +04:00)
Iran announces volume of gasoline consumption

BAKU, Azerbaijan, March 8

By Elnur Baghishov - Trend

On average, 72 million liters of gasoline were consumed daily in Iran within 16 days (from February 20 to March 6, 2020), Trend reports citing National Iranian Oil Refining and Distribution Company.

The prevalence of coronavirus in Iran, the lack of interest of the population to leave the apartments, and the dramatic decline in the movement of cars have affected the consumption.

Gasoline consumption will continue to decline, given restrictions on travel during Novruz holidays.

Before the price rise (November 15), 95-96 million liters of gas were consumed daily in Iran, and after the price increase, consumption dropped by 20 million liters to 75 million liters.

Iran is one of the recent countries, affected by the rapidly-spreading coronavirus. According to recent reports from the Iranian officials, over 5,823 people have been infected, 145 people have already died. Meanwhile, over 1,669 have reportedly recovered from the disease.

The country continues to apply strict measures to contain the further spread. Reportedly, the disease was brought to Iran by a businessman from Iran's Qom city, who went on a business trip to China, despite official warnings. The man died later from the disease.

Following the reports of coronavirus spread in the Islamic Republic, several countries have taken measures, including closing borders and banning flights.

The Islamic Republic only announced its first infections and deaths from the coronavirus on Feb. 19.

On November 15, 2019, the price of gasoline in Iran rose from 10,000 rials (about 23 cent ) to 15,000 rials (about 35 cent).