Hamid Hosseini, spokesman for the Union of Exporters of Oil, Gas, and Petrochemical Products, said Iran faces a daily shortfall of nearly 20 million liters of gasoline. He said import routes have become 'almost impossible' due to the regional situation and strikes on refineries in Russia, and that the government's financial capacity is limited.
Hamid Hosseini, spokesman for the Union of Exporters of Oil, Gas, and Petrochemical Products, said Monday that Iran faces a daily gasoline shortage of nearly 20 million liters, with import routes 'almost impossible' due to regional instability and strikes on refineries in Russia. He added that the government's financial capacity is limited and that the petrochemical plants cannot close the gap between production and consumption.
The Zioneer has previously reported on Iran's growing fuel crisis. Earlier this week, the Iranian government acknowledged that raising gasoline prices is unavoidable due to budget pressures. In June, Tehran canceled the subsidized gasoline quota, citing the war and blockade as the cause of the shortage. Long lines at gas stations have been reported in Iranian cities.
2 developments
- DevelopingIranian government: gasoline price hike inevitable as budget pressures mount
- DevelopingIran cancels subsidized gasoline quota as war and blockade bite
- DevelopingPutin says Russia's gasoline reserves nearly unchanged from last year; full export ban imposed
- DevelopingLong lines reported at gas stations in Iran amid fuel shortages
Source and signal
- Open-source intake