Higher Commission  for CNG Distributors
Higher Commission  for CNG Distributors
Saturday, March 17, 2018

Higher Commission for CNG Distributors

Saturday, March 17, 2018

Higher Commission for CNG Distributors

The government is set to grant higher commission to distributors of compressed natural gas, an official at the National Iranian Oil Products Distribution Company said.
According to Fatemeh Kahi, the Oil Ministry currently gives 1,200-1,400 rials (2.5-3 cents) to private CNG station owners, which will be increased by 400 rials (0.8 cent), IRNA reported.
"Some 220 rials (0.5 cent) will be added to state-owned stations' commission," she added, without mentioning the current commission rate given to them.
The move comes in the wake of concerns over the tough financial problems facing CNG-stations owners, especially in the private sector. Many insiders have voiced concerns that unless commission fees are boosted, many stations will go bankrupt due to their growing debts.


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