Gasoline consumption increases in Iran

Oil&Gas Materials 10 May 2020 10:58 (UTC +04:00)
Gasoline consumption increases in Iran

BAKU, Azerbaijan, May 10

By Elnur Baghishov - Trend

Gasoline consumption increased by 2 million liters per day to reached 57 million liters in Iran last Iranian week (starting on Saturday), spokesperson for the National Iranian Oil Refining and Distribution Company (NIORDC) Fatemeh Kahi told Trend.

According to Kahi, daily gasoline consumption in Iran was 55 million liters in the preceding week.

Kahi added that however, the increase in gasoline consumption in Iran is not considered a significant increase.

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 April 4, 2020, gasoline consumption decreased by 44.3 million liters per day.

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.