Iran to cut gasoline imports gradually -minister

Newswire

FLORENCE, Italy, Aug 21 (Reuters) - Iran will trim its budget for gasoline imports gradually over two to three years to allow time to develop better public transport as an alternative to cars, its senior deputy energy minister said on Monday. Iran, the world's fourth-largest crude exporter, lacks the refining capacity to meet domestic gasoline demand and has to import about 30 million litres of the 70 million litres of the motor fuel that it burns each day. Iranian officials suggested ...

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