28 Mar 2024
Sunday 15 December 2019 - 16:10
Story Code : 365620

Iran: Gasoline rationing did not eliminate smuggling

Financial Tribune - Rationing gasoline and raising pump prices by 200% that started on Nov. 15 will have no substantial effect on curbing fuel smuggling, says a deputy chief of the Goods and Foreign Exchange Anti-Smuggling Headquarters.

Close to 10 million liters of fuel is smuggled every day, a big proportion of which is for diesel and gasoline accounts for a very small share (3%), Abdullah Hendiani was quoted as saying by Energy Newcomes, a privately-owned domestic media group.

Diesel smuggling is more rampant because it has higher demand and brings fatter profits, he said.
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