Despite the drawbacks and mounting grievances about the sudden gasoline rationing plan, the new policy would help the National Iranian Oil Company not to import gasoline in the foreseeable future, a former head of the Iranian Fuel Conservation Company said.
“There is some link, among others, between the high rate of gasoline consumption and low prices,” Nosratollah Seifi was quoted as saying by ILNA.
Put simply, the cheaper the fuel the less judicious consumers become, he said.
Referring to data issued by the National Iranian Oil Products Distribution Company, he noted that gasoline consumption in the current fiscal that will end in March 2020 “will exceed 32 billion liters.”
On November 15, NIOPDC announced that private car owners would be able to buy 60 liters of subsidized gasoline every month with a special card at 15,000 rials (13 cents) per liter. Additional purchases cost double.
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