Middle East Economic Survey

VOL. XLVIII

No 20

16-May-2005

IRAN

Gasoline Imports Expected To Cost $4.5Bn This Year, Says NIOPDC Official

Irans gasoline imports are expected to cost a total of $4.5bn in the current Iranian calendar year (21 March 2005-20 March 2006), according to Hossein Kashefi, Managing Director of the National Iranian Oil Product Distribution Company (NIOPDC), a subsidiary of the National Iranian Oil Company (NIOC). The IRNA news agency quoted Mr Kashefi on 9 May as saying that...