A senior energy official announced that Iran can now export some 25 million to 30 million liters of gasoline per day as a result of the implementation of the gasoline rationing scheme that recently came back into force.
Spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Union Hamid Hosseini noted that export of a sum of 30 million liters of gasoline per day can earn the country three billion to four billion dollars.
He noted that Iran presently produces 115 million liters of gasoline per day and as predicted by implementing the rationing scheme the country will have an excess of 30 million liters of gasoline per day which can be exported.
On November 13, the Iranian government started rationing subsidized gasoline and increased fuel prices as it plans to use the revenue for supporting underprivileged families.
On November 26, the Iranian Oil Ministry announced that domestic consumption has decreased by 19 million liters per day after the implementation of gasoline rationing scheme in Ir
Iranian Central Oil Fields Company (ICOFC) has started four research projects in collaboration with the country’s major universities and research institutions, Shana reported.
The value of non-oil exports from Iran’s central Markazi Province reached $186.38 million during the first four months of the current Iranian calendar year (March 20-July 21), a provincial official announced, Mehr news agency reported.
The acting head of the Industrial Development and Renovation Organization of Iran (IDRO) has said that manufacturing various types of oil pipes by domestic producers has saved the country over €60 million.
The latest report published by the Central Bank of Iran (CBI) puts the country’s foreign debt at $8.655 billion at the end of the first quarter of the current Iranian calendar year (June 20), down 4.16 percent from $9.031 billion at the end of the previous year, IRNA reported.
Iranian Central Oil Fields Company (ICOFC) is going to implement a $600-million project for setting up pressure boosting stations to ensure sustained gas supply to refineries in the country’s central regions.
Latest data released by Iran’s Industry, Mining, and Trade Ministry show that the country’s industrial parks managed to attract 231 investors with a total $2.1 billion of investment in the previous Iranian calendar year (ended on March 19).