Iran Gasoline Demand at 81 ml/d

Gasoline consumption in the first eight months of the current fiscal year (ending on March 21) reached an average of 81 million liters per day, an increase of nearly 8% compared with the corresponding figure of last year (75.4 ml/d). According to ISNA, Iranians also burned as much as 78.2 million liters of gasoline between October 23 and November 19. ISNA added that consumption of the fuel soared to 88.2 ml/d on average between August 23 and September 23, showing an 8.4% rise compared with last year's corresponding figure of 81.4 ml/d. Reportedly, the country's demand for the fuel reached 104.6 million on September 23, the highest amount of consumption in a single day this year. Iran’s all-time daily consumption record, 105.9 million liters, was set on March 31, 2016, during the annual Norouz (New Year) holidays. According to Mohammad Reza Mousavikhah, a deputy at the National Iranian Oil Products Distribution Company, gasoline consumption increased due to an increase in automobile production and import.