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Costs

  • EghtesadOnline: Following a sharp surge in fuel prices, Iranian authorities have rolled out measures to forestall any price hike for other services and goods.

  • EghtesadOnline: Converting gasoline-powered vehicles, especially vans, to compressed natural gas hybrids can help reduce fuel costs for motorists by 100%, deputy managing director of the state-run National Iranian Oil Products Distribution Company said.

  • EghtesadOnline: The reopening of the Abu Kamal-Qaim border crossing between Syria and Iraq will reduce transit costs between Iran and Syria by 50%, says the co-chair of Iran-Syria Economic Commission, Kayvan Kashefi.

  • EghtesadOnline: In the first quarter of the current fiscal year (March 21-June 21), 93% of the fuel supplied to Shahid Rajaee Combined-Cycle Power Plant in Qazvin Province constituted natural gas, up from 88% last year, the managing director of the plant said.

  • EghtesadOnline: I n a phone scam recently gone viral in Iran, 126,000 cellphone subscribers have been targeted costing them some 3.8 billion rials ($27,300) collectively, deputy ICT minister Hamid Fatahi twitted on Wednesday.