Azerbaijan, Baku, Nov.29 / Trend F.Milad/
Iran has boosted fuel storage capacity at its power plants by 2.3 billion litres to 5.3 billion litres since the past two years, an official with Iran Power Generation Transmission and Distribution Management Company (TAVANIR) said.
Gholamreza Mehrdad told the Pana news agency that the storage capacity of furnace oil and diesel has increased by 70 per cent. It is predicted that the average gas consumption would reach 220 million cubic metres per day by next summer, he added.
Despite the implementation of the Subsidy Reform Plan in Iran, the daily gas consumption in household and commercial units has increased by 11 million cubic metres (mcm) since the beginning of the current calendar year (began on March 21, 2011).
Some 156 mcm of gas has been consumed by domestic and commercial units in the aforementioned period of time, which is 11 per cent more than the amount related to the same period last year, the Mehr news agency reported.
The subsidy reform plan launched in December 2010, allows the Iranian government to gradually slash subsidies on fuel, electricity, and certain goods over the course of five years, with low-income families being compensated with direct cash hand-outs.