Iran reports new record in gasoline consumption
Iran has reported a new record in gasoline consumption despite its continued efforts to curb fuel smuggling from the country.
A report released on Sunday by the National Iranian Oil Products Distribution Company (NIOPDC) showed that the firm had supplied an average of 143.7 million liters per day of gasoline to gas stations across the country in the week to September 12.
The company said that the figure was an increase of 10.5% from the average gasoline consumption reported in Iran in the five months to late August.
September is a busy travel season in Iran with millions of motorists taking to the roads to visit towns and villages across the country, especially the northern resort areas along the Caspian Sea coast.
However, the NIOPDC said in its report that the annual rise in demand for gasoline in Iran had doubled to 10% in the past four years compared to the average rise reported in the 45 years to 2023.
It said gasoline consumption in the country would hit a record of 170 million liters per day in 2028 if the government’s demand control programs are not implemented properly.
The company blamed high fuel consumption of domestically-produced cars, as well as the continued smuggling across the country's borders, for the irrational rise in demand for fuel in Iran in recent years.
The report said that the per capita usage of gasoline in Iran is one liter above an international norm of 4 liters per day, adding that the country would need to spend some $16 billion on gasoline imports in the calendar year to March 2029 if the current consumption trend continues.
Iran has the cheapest fuel prices in the world, with a two-tier pricing system for gasoline that does not currently exceed 30,000 rials ($0.03) per liter.
Official estimates suggest that some 25-30 million liters of fuel products, including gasoline and diesel, are being smuggled from Iran every day.
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