Managing Director of Iran's National Oil Derivative Production and Distribution Company (NODPDC) said on Sunday that gasoline imports are expected to cost the country US$4.5 billion in the current year (1384) which started March 21.
According to Hossein Kashefi, the figure was US$3 billion last year.
The total refining capacity amounts to 40 million liters daily whereas the gasoline consumption is estimated to exceed 64.5 million liters daily this year. "Hence, we have to import 24.5 million liters daily," he added, according to IRNA.
If public transportation is not adequately developed Iran should face major shortage of gasoline in the Iranian year of 1400 when consumption is projected to hit 308 million liters, he conveyed.