Deputy oil minister: 6 mln liters of gas oil is being smuggled from Iran daily
About 6 million liters of gas oil is being smuggled from Iran each day, deputy oil minister said on Sunday.
The prices of fuels in neighboring countries are 7 or 8 times higher than Iran, so smuggling gasoline and gas oil has created a great market for the smugglers, the ISNA news agency quoted Alireza Zeyqami as saying.
"Iran needs to increase the price of fuels in order to prevent smuggling," Zeyqami said.
Considering the official reference rate of 12,260 rials to the US dollar, the real price of gasoline in Iran is 10,000 rials (about 82 U.S. cents).
Currently gasoline is sold at two prices: a 60-liter monthly
allowance at 4000 rials (33 cents) per liter, and any amount above
that at 7000 rials (57 cents) per liter.
Last year the International Monetary Fund commended the Iranian
government for the subsidy reform policy, which it said had led to
a reduction in fuel consumption.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!