Iran’s gasoline consumption continues to rise

Business Materials 24 June 2018 15:07 (UTC +04:00)

Baku, Azerbaijan, June 24


Daily gasoline consumption in Iran registered an increase by 11.2 percent year-on-year during the third Iranian calendar month (May 21-June 22).

The country’s average daily gasoline consumption stood at 83.6 million liters, the National Iranian Oil Products Distribution Company said.

The average gasoline consumption from the beginning of the current fiscal year, started March 20, stood at 85.1 million liters per day, 10 percent more compared to the same period of the preceding year.

The highest amount of gasoline consumption in the last calendar month was related to June 14 (Thursday) on which 103.4 million liters of gasoline was consumed, meanwhile the lowest consumption was registered on June 6 (67.2 million liters).

Iran’s gasoline output currently stands at 78 million liters on a daily basis. The country plans to increase the output to above 105 million liters per day by March 2019.

Iran’s oil minister Bijan Zanganeh earlier said that the country will have no gasoline import since the second half of the current calendar year (starting on September 23).

The country's diesel consumption during the third Iranian calendar month amounted to 68.8 million liters per day, 0.8 percent less year-on-year. The diesel consumption during the current fiscal year stood at 67.5 million liters per day, registering a 5.2 percent increase compared to the same months of preceding year.