VOL. XLVII

No 03

19-January-2004

IRAN

Iran Lines Up IR4 Trillion For Gasoline Imports

Irans Majlis Energy Commission has approved the allocation of IR4 trillion for the import of gasoline during Iranian calendar year 2004-05 to keep pace with rapidly rising domestic demand, according to an Iran Daily report of 5 January. It cited official figures which estimated current Iranian gasoline consumption at 57mn liters/day (358,530 b/d), a 13% increase over the same time last year. Behind the rocketing...