July 31, 2006

PERSIA POTPOURRI

Posted at 6:27 pm on Monday the 31st
Filed under: Iran

Just found this of interest.

Iran’s refineries have a capacity of 40 million liters of gasoline a day, but demand is over 70 million liters a day.

The shortfall has up to now been met by spending billions of dollars each year on imported gasoline.

The government then takes a double hit by selling fuel at just 800 rials ($0.09, or $0.34 a gallon). Super costs 1,100 rials ($0.12, or $0.45 cents a gallon). Article

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