{"id":1817,"date":"2006-06-23T11:08:38","date_gmt":"2006-06-23T10:08:38","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/uncategorised\/regime\/1817-iran-calls-halt-to-petrol-imports"},"modified":"2023-01-12T15:28:56","modified_gmt":"2023-01-12T14:28:56","slug":"iran-calls-halt-to-petrol-imports","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/regime\/iran-calls-halt-to-petrol-imports\/","title":{"rendered":"Iran calls halt to petrol imports"},"content":{"rendered":"

\"IranBBC News – Iran is to stop importing petrol from September and instead start rationing the fuel, its oil minister has said.<\/p>\n

The move comes as Tehran seeks to reduce the billions of dollars it spends each year on petrol imports due to a shortage of domestic refineries.<\/p>\n

While Iran is the world’s fourth largest oil producer, it currently can only produce 57% of the country’s daily petrol consumption.<\/strong><\/p>\n

.<\/p>\n

The news comes as Iran continues its nuclear stand-off with the West.<\/p>\n

Heavily subsidised<\/strong><\/p>\n

Petrol imports are an expensive problem for the Iranian government because it heavily subsidies its domestic petrol prices.<\/p>\n

A litre of regular petrol in Iran currently costs just 800 rials (9 cents; 5p).<\/p>\n

This problem has intensified for Tehran due to an upsurge in petrol demand caused by a big rise in car ownership, and increased petrol consumption to Iran’s neighbours, where prices are far higher.<\/p>\n

Iran’s oil minister Kazem Vaziri Hamaneh said the decision to start rationing petrol was preferable to rising prices.<\/p>\n

The country’s ongoing nuclear row with the West centres on Iran’s attempts to build its first nuclear power station.<\/p>\n

While Tehran insists its ambitious are solely power generation, the US and Europe fear Iran wishes to develop nuclear weapons.<\/p>\n","protected":false},"excerpt":{"rendered":"

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