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NIOPDC Expects People to Buy Less Gasoline

NIOPDC Expects People to Buy Less Gasoline
NIOPDC Expects People to Buy Less Gasoline

Gasoline consumption should decline by at least 10% in the coming three months, head of the National Iranian Oil Products Distribution Company (NIOPDC) said.
“Consumption is now at 95 million liters per day and is expected to decline to 85.5 ml/d in less than 90 days,” Amir Vakilzadeh was quoted as saying by the Oil Ministry’s news portal.
Gasoline consumption declined by 20% on Nov 16 one day after a new plan (rationing and raising prices) came into effect, compared to the same day the previous week, but more time is needed to have accurate numbers, he noted.
Fuel quotas (60 liters per car per month) were first introduced in 1981 one year after the start of the 1980-88 Iraq-Iran war and again in 2007. In six months consumption fell by 25 million liters. 

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