Source - Reuters - Through NGV Global
Thursday, 20 December 2007 Iran, Teheran
Iranian motorist could see and end to fuel rationing by March with increased use of natural gas vehicles contributing to reduced demand for gasoline. Reuters quotes Deputy Oil Minister Mohammad Reza Nematzadeh as saying that the government was working to increase natural gas vehicle and refuelling station numbers in response to demand from motorists. Gasoline rationing was introduced earlier this year to reduce demand from imported refined fuel and to ease the fiscal strain caused by heavy government subsidies.
The rationing has reportedly reduced demand for gasoline by almost a third and may be eased from 100 litres per month to 120 litres per month soon.
Iran has a long term plan underway for massive use of natural gas vehicles, rising at the rate of 15,000 vehicles per month.
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