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Iran gasoline consumption down 7.7 per cent

8 January 2013 13:13 (UTC+04:00)
Iran gasoline consumption down 7.7 per cent

Iran's average gasoline consumption stood at 55.9 million litres per day in the week to January 4, Trend news agency reported referring to SHANA news agency.

The amount shows a 7.7 per cent decrease compared to the 60.7 million litre figure of the preceding week.

During the same week there were some traffic restrictions due to air pollution in Tehran.

Deputy Manager of National Iranian Oil Products Distribution Company (NIOPDC) Naser Sajjadi said on October 22 that Iran's average gasoline consumption stood at 64 million litres per day in the first seven months of the current Iranian calendar year which began on March 20.

The amount is 5.7 per cent more than in the same period of the previous year.

Sajjadi had previously said that Iran's gasoline consumption increases by five per cent each year.

He also said that 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 litre monthly allowance at 4000 rials (33 cents) per litre and any amount above that at 7000 rials (57 cents) per litre.

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