VOL. XXXVI

NO. 42

19-JULY-1993

IRAN

Aghazadeh Calls For Lower Oil Consumption, Urges Use Of Natural Gas

Iranian Oil Minister Gholamreza Aghazadeh told the Iranian Majlis on 14 Julythat Iran's domestic oil consumption would equal the country's oil production bythe year 2006 if current trends continue. Calling for the implementation ofenergy-saving schemes, Mr. Aghazadeh said that the government paid a total ofIR12.32 trillion ($7.7bn) in fuel subsidies during the last Iranian year ending20 March...