Dhaka | Sunday | 18th of April 2021 | Bangla Version | Get Our App EN
  • TOP STORIESTOP STORIES
  • WORLD
  • BANGLADESH
  • INDIA
  • ECONOMY
  • TECH
  • SPORTS
  • CULTURE
  • ♦ MORE ♦
  • ♦ MORE LINK ♦
    • NBS » 3-Headlines » Breaking: Gasoline consumption drops 20% in a year


    Please subscribe to NBS YouTube channel:

    Breaking: Gasoline consumption drops 20% in a year
    NBS | Wednesday, March 24th, 2021 | Published: 3:05 pm

    Breaking: Gasoline consumption drops 20% in a year

    TEHRAN- Gasoline consumption in the country has decreased by 20 percent in the past Iranian calendar year (ended on March 20), as compared to its preceding year due to rationing this fuel and also the coronavirus pandemic.

    However, there is a concern that if there is no optimization and in case of consumption growth, Iran will import gasoline in the coming years.

    Iran has exported over $1.4 billion worth of gasoline in the first seven months of the past Iranian calendar year (March 20-October 21, 2020).

    The significant increase in the country’s gasoline production and exports comes despite the fact that nearly two years ago Iran was an importer of the strategic product, shipping in over 4.5 million liters per day of gasoline.

    Iran became a net gasoline exporter in February 2019, after the inauguration of the third phase of the Persian Gulf Star Refinery (PGS) project which added 120,000 barrels to the country’s daily gasoline production.

    The increase in the exports of the mentioned commodity is a result of the increase in the country’s refining capacity and the decline in domestic consumption following the implementation of a rationing program.

    MA/MA

    Read on the original site


    Write your comment...

    nbs24new3 © All Rights Reserved
    News Broadcasting Service - NBS
    (NBS) 2015 - 2020

    CEO: Abdullah Al Masum,
    Editor and Publisher : Sultana Rabiya
    -------------------------------------------
    Bangshal, Dhaka-1000, Bangladesh.
    Cell : +88 02 , +88 01718 580 689
    Email : [email protected], [email protected]

    USA Office: 41-11, 28th Avenue, Suite # 15 (3rd floor), Astoria, New York-11103,
    United States of America. Cell: 917-396-5705.

    Prasenjit Das, Editor in Chief, India.
    Address : Central Road, Town Pratapgarh, Agartala, Tripura, India. +919402109140.

    Home l About NBS l Contact the NBS l DMCA l Terms of use l Advertising Rate l Sitemap l Live TV l All Paper

    Reproduction of content, news or article published on this nbs website is strictly prohibited. - Privacy Policy