To temporarily redress the growing imbalance between gasoline and diesel supply and demand, the government has started to import fuels, spokesman for the Majlis Energy Commission said.
"Although the gap is not considerable yet, the government has predicted the deficit to rise incessantly, for which it has allocated close to $1 billion in the fiscal 2023-24 budget bill to buy diesel and gasoline from international markets,” Mostafa Nakhaei also said in an interview with the Persian newspaper Shargh, Ensafnews.com reported.
The disparity between supply and demand is rising rapidly and despite the National Iranian Oil Company’s reluctance to import fuels, it has to meet the mounting domestic demand, he added.
Iran’s dependence on the costly import of gasoline ended in 2018, but Nakhaei confirmed that imports have resumed and he expects fuel supplies to rise this year.
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