26966
No Plan to Scrap Fuel Cards
Energy

No Plan to Scrap Fuel Cards

The government has no plans to scrap fuel cards, which have attracted the attention of Venezuela, Iraq and Syria, CEO of the National Iranian Oil Production and Distribution Company said.
"To liberalize gasoline prices, there was no way but to introduce the fuel cards," Mansour Riahi was quoted as saying by IRNA.
"Fuel cards have helped to gradually close the gap between the real and subsidized prices of gasoline over the past eight years. Currently offered at 1,000 rials (30 cents) per liter, gasoline is still a subsidized commodity."
In late May, the government announced it would no longer allocate subsidized gasoline, among other types of fuel, to passenger vehicles for 70,000 rials per liter and regular gasoline would be offered at a single price of 10,000 rials for car owners nationwide without any quota.
"The government could offer price- and non-price incentives to encourage the use of fuel cards," Riahi said without elaborating further. Officials of the previous government say fuel cards were introduced to keep track of dilapidated gas-guzzlers and manage gasoline consumption nationwide.
However, Bijan Haj-Mohammad Reza, the head of Iran Gas Station Owners Union, on Tuesday slammed as "time-consuming" the use of fuel cards in gas stations.
"It may take as long as half an hour, instead of merely a few minutes to fill up a car" with fuel cards, he said.
The official had earlier said the government has no choice but to "roll back the system" to what it was in 2007.

 

Short URL : https://goo.gl/FnlZHf
  1. https://goo.gl/FoPwPo
  • https://goo.gl/gSdV9B
  • https://goo.gl/xNDvE0
  • https://goo.gl/lwTMSD
  • https://goo.gl/zQ0gu5

You can also read ...

South Azadegan field in Khuzestan Province will be the first oilfield to be tendered under the IPC model.
Oil Minister Bijan Namdar Zanganeh said on Tuesday Iran's...
Oil loading capacity at Kharg has increased to 8 million bpd, nearly three times over and above the current level of oil and condensates exports.
Close to 780 million barrels of oil were exported from Iran’s...
South Pars Refinery to Process Gas Condensates
Iran is making efforts to increase its gas condensates...
In terms of output, nuclear power will continue to dominate.
Even a downtick in photovoltaic solar investment this year...
China Gasoline Exports to  N. Korea Dwindle
China's gasoline exports to North Korea reduced to a dribble...
US inventories fell 3.6m barrels in the week to Aug. 18.
Oil prices fell on Wednesday, weighed down by concerns of...
Europeans Abandoning Large Utility Companies
Home energy use is finally exciting to people. Unfortunately...

Trending

Googleplus