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Iran to start rationing gasoline May 22


TEHRAN, April 21 (Mehr News Agency) - The ultimate date for rationing gasoline is May 22, the Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Mohammadreza Ne'matzadeh said in Tehran on Saturday.

According to him, gasoline is supplied at the price of 1,000 rials ($0.1) per liter.

Iran's gasoline consumption is 81 million tons which can be slipped to 60 million tons if the rationed gasoline project approved, he said, adding that the domestic production of gasoline is 44.5 million liters.

Gasoline consumption and supply have been on Iranian government's agenda over the past few years.

Iran's gasoline consumption is at a high level, as the country imports much of the product to meet domestic needs. The country has adopted certain strategies to manage the increasing consumption.

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