(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 8. Serious crises
continue in various sectors of Iran's economy. One of these crises
is, of course, the gasoline crisis, which the Iranian regime has
not been able to solve so far.
On November 15, 2019, a quota was set for the sale of gasoline
to citizens in Iran in order to reduce gasoline consumption and
prevent gasoline smuggling.
Thus, the monthly quota of gasoline at 15,000 rials (about $0.35
at the official exchange rate, $0.03 at the black market) for each
private car is 60 liters, while at 30,000 rials (about $0.71 at the
official exchange rate, $0.06 at the black market) is 150
Of course, if we pay attention to these prices, it is noticeable
that gasoline is largely cheap in Iran. Because the price of 1
liter of bottled water is around 50,000 rials (about $1.19 at the
official exchange rate, $0.10 at the black market).
Due to improper use of gasoline and gas in the country, more
than $30 billion of subsidies are provided in Iran annually.
Meanwhile, Iranian Deputy Oil Minister and the CEO of the
National Iranian Oil Refining and Distribution Company (NIORDC)
Jalil Salari said recently that there is an inequality in the
production and consumption of gasoline in Iran.According to him,
gasoline consumption in Iran is 110 million liters per day. At the
same time, consumption is of the same amount.
Considering that more than 1 million cars enter Iran's consumer
market per year and not a single car is scrapped, Iran will have to
import gasoline to compensate for the resulting imbalance. Because
issuing approximately 1.2 million gasoline fuel cards to new cars
(a fuel card is given to each car for the purpose of buying
gasoline with a quota in Iran) means an increase in daily
consumption by 3.5 million liters.
The increase in the price of gasoline in October 2019 caused
serious problems. At that time, Iranian citizens seriously
protested, with which the regime had to deal with. Various
organizations claimed that thousands of people died in those
protests in Iran.
Since then, it has become safe to say that "the Iranian regime
is afraid of increasing the price of gasoline." However, the fact
that the price of gasoline is cheap in the country, and that the
regime sells gasoline to people with subsidies and concessions,
does not bode well for the regime, which is already drowning in an
In this context, it is necessary to focus on two issues. The
first issue is that various high-level Iranian officials have
repeatedly and specifically stated that the price of gasoline in
Iran will not increase. The second issue is the rumors about the
increase in the price of gasoline.
Almost every day, one of the main issues is discussed in the
Iranian media and public - the price of gasoline. Rumor has it that
the regime is interested in raising the price of gasoline, but
fears that it will not be able to avoid a public backlash or even a
new wave of protests.
Apparently, the issue of gasoline in Iran is one of the knotty
problems. But this problem is only a small tip of the iceberg of
the country's economic crisis.