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Gasoline consumption decreases in Iran

Oil&Gas Materials 5 April 2020 15:05 (UTC +04:00)

BAKU, Azerbaijan, April 5

By Elnur Baghishov - Trend

Gasoline consumption decreased by 44 million liters per daily for 15 days (March 20-April 3) in Iran, said National Petroleum Distribution Company of Iran,Trend reports citing the company’s official website.

According to the report, the reason for the decrease in gasoline consumption is the reduction of traffic during the Novruz holiday on the recommendation of the Ministry of Health, Treatment and Medical Education of Iran.

Gasoline consumption decreased by about 50 million liters per day compared to the same period last year.

In the same period last year, gasoline consumption was 94 million liters per day.

Additional gasoline produced in Iran is stored.

In mid-November 2019, the country consumed 95-96 million liters of gasoline per day. Following the price increase, consumption decreased by 20 million liters to 75 million liters.

On Nov. 15, 2019, the price of gasoline sold on quota increased from 10,000 rials (23 cents) to 15,000 rials (35 cents) and the price of gasoline sold free from the quota increased to 30,000 rials (71 cents) in Iran.

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