EghtesadOnline: Drawing parallels between average annual income in Iran and the neighboring states, some energy experts insist, rather strongly but strangely, that gasoline is indeed cheap in the country. They may have a point, but prefer to focus on the periphery and shun some important facts.
EghtesadOnline: The Majlis Research Center has announced that implementing the fuel rationing system saved the country as much as $100 billion between 2007 and 2015.
EghtesadOnline: Reviving the gasoline rationing system with two rates can help curtail rampant smuggling and help boost exports, a board member of the Iranian Oil, Gas and Petrochemical Products Exporters’ Association said.
EghtesadOnline: Lavan Oil Refinery has started producing gasoline compliant with Euro-5 standards, the managing director said.
EghtesadOnline: The Research Institute of Petroleum Industry has plans to improve the quality of gasoline and diesel by reducing sulfur content, head of the RIPI said.
EghtesadOnline: Selling gasoline via the Iran Energy Exchange on average generates $200 million a week, the managing director of IRENEX said.
EghtesadOnline: The results of a study conducted by Tehran Air Quality Control Company on gasoline and diesel quality shows both fuels sold in the capital in summer contained sulfur above acceptable standards.
EghtesadOnline: High octane gasoline weighing 3,000 tons was sold in the international ring of Iran Energy Exchange on Tuesday.
EghtesadOnline: Enthusiastic buyers purchased the entire 5000 tons of Iranian octane 95 gasoline offered on the Iran Energy Exchange on Sunday, according to data available on the IRENEX online bulletin board.
EghtesadOnline: The wildest dream of the National Iranian Oil Refining and Distribution Company of self-reliance in gasoline production and export has finally come true.