Middle East Economic Survey


No 3



Gas Consumption Drops After Withdrawal of Irans Subsidies

Irans consumption of natural gas has fallen by more than 20mn cmd since the government began implementing its planned subsidy cuts over three weeks ago, a state television website said on 9 January, quoting a senior official from the Iranian Ministry of Petroleum. Since the enforcement of the targeted-subsidy law [on 19 December 2010] up till now, the consumption of gas in the...