Gas Crisis...in Iran

30 May 2004

It may sound counterintuitive, but here it is, from the Tehran Times.

Unbridled and unconstrained gasoline consumption in the country and growing fuel imports at exorbitant prices constitute a big challenge to the Islamic Republic. According to estimates, the budget allocation for fuel imports in the current calendar year (started March 20) will be enough for only six months.

We imported 16 million liters per day of gasoline in the first quarter of the last calendar year. But we are predicted to import 26 million liters per day this year -- showing a 62.5 percent increase.