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Gasoline Export Earned $1.4b in Two Quarters

Gasoline export is being promoted to reduce expanding inventory of the fuel due falling domestic demand caused by the Covid-19 pandemic
Gasoline Export Earned $1.4b in Two QuartersGasoline Export Earned $1.4b in Two Quarters

In the first seven months of the Iranian calendar year (ends in March) more than $1.4 billion worth of gasoline was exported to Iraqi Kurdistan, Afghanistan, Pakistan, Armenia and some African states.
According to IRNA, gasoline comprised 13% of the total export in the period (March-October 2020) worth $10.6 billion. Gasoline export is being promoted to reduce expanding inventory of the fuel due falling domestic demand caused by the Covid-19 pandemic.
Similar to most countries hit by the plague, gasoline demand in Iran has plunged as people avoid travel and family/social gatherings due to extended lockdowns as the deadly disease spreads. So far health authorities have registered over 1.240 million coronavirus cases and 56,000 deaths.

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