Iranian gasoline imports reach $900 million annually
Iran’s daily gasoline consumption is expected to double in the near future, reaching up to 50 million liters per day, according to the Iranian Deputy Oil Minister Mohammad Aqai. Local gasoline sales increase by seven percent annually, with as much as 50 percent of the locally consumed gasoline wasted due to inefficient car engines combustion, reported Iran News.
Iran, the world's second largest oil producer, supplies most of its domestic fuel needs. However, the government still needs to import nine million liters of gasoline and another three million liters of MTBE gasoline additive each day, running a $900 million tab each year. During the year 2001, the Islamic Republic consumed an average of 174 million liters of the various oil bi-products per a day. — (menareport.com)
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