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Iran to stop gasoline sell via smart cards

Business Materials 24 August 2016 12:38 (UTC +04:00)
The Iranian parliament approved stopping gasoline sell via fuel smart cards, the state-run IRINN TV reported Aug. 24.



Baku, Azerbaijan, Aug. 24

By Fatih Karimov – Trend:

The Iranian parliament approved stopping gasoline sell via fuel smart cards, the state-run IRINN TV reported Aug. 24.

The approval is a part of a bill for amending the national budget for the current Iranian fiscal year (started March 20).

Distribution of gasoline with fuel cards, was started eight years ago with the aim of achieving three main goals including curbing consumption, adjusting prices and cutting down on fuel smuggling.

Iranian oil officials say that all goals of the plan have been materialized within the past eight years.

Some in Iran however say that scrapping fuel cards is a big mistake, as it damages distribution transparency.

It was also proposed to use the cards to impose higher taxes on fuel-intensive subscribers or to decrease gasoline quota for dilapidated cars.

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