What is the petrol rationing policy?
Every private vehicle will be allowed a limited subsidised petrol ration, above which drivers will have to pay a higher price. Private cars are allowed 3.5 litres of subsidised petrol per day, state-owned vehicles 10 litres, and public transport vehicles a higher quota, yet to be announced. The subsidised prices, at US10 cents per litre (1000 rials), are cheap by regional standards. The free market price is expected to go up to US 50-70 cents. Millions of petrol-ration smart cards have been issued for car owners and petrol stations are equipped to accept them, but newspapers say hundreds of thousands have not yet received their card. Why does Iran need petrol rationing? Iran is one of the world’s leading oil and gas producers and has some refining capacity, however the thirst for fuel is great. Iran’s fuel was sold at about a fifth of its real cost under the subsidies From the 4 million barrels produced every day, some 2.4 million are exported and the rest is for internal consumption.
