Following the abrupt government decision to raise gasoline prices and sell it at two rates from November 15, consumption fell by at least 20% over a 10-day period, the National Iranian Oil Products Distribution Company (NIOPDC) announced Tuesday.
Prior to the implementation of the controversial plan, Iranians burnt 98 million liters of gasoline per day between March 22 and November 14. Since last week average consumption has plunged to 79 ml/d, ISNA quoted NIOPDC as saying.
According to the company, gasoline consumption on November 25 was 75 million liters.
Surprisingly, this is the first time since 2007 (when fuel quotas were introduced for the second time in Iran) that gasoline consumption has been of the downward order falling by a whopping 20%.
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 when consumption fell by 25 million liters in six months.
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