VOL. XXXVII

NO. 43

25-JULY-1994

Iran

Iranian Officials Warn Of Excessive Growth In Energy Consumption

Iran's Deputy Oil Minister Mr. Ardeshir Fathi-Nijad, who is also the ManagingDirector of Iran's distribution and refining company, has warned that Iran couldrun out of oil for export in 15 years if the current growth in local consumption of petroleum products persists. Mr. Fathi-Nijad explained that the mainreason for this high growth in consumption was low product prices and heavygovernment...