Iran fuel distributor clarifies gasoline quota changes for high-value vehicles
The company says existing subsidized allocations remain unchanged for most private cars, while a higher price threshold for newly produced domestic vehicles is under review.
Iran’s National Iranian Oil Products Distribution Company said most privately owned passenger cars continue to receive their existing subsidized gasoline allocations. It said the only pricing change since September 8 was an increase in the third-tier rate from 50,000 to 100,000 rials per liter, while a value threshold for newly produced domestic vehicles is being reviewed.
TEHRAN — The National Iranian Oil Products Distribution Company has addressed questions about the reported removal of gasoline allocations priced at 30,000 and 50,000 rials for vehicles valued above 10 billion rials.
In a statement published Sunday night, the company said all privately owned passenger cars remain eligible for a monthly allocation of 60 liters at 15,000 rials per liter and 50 liters at 30,000 rials per liter. The exemptions are government vehicles, imported vehicles, vehicles registered in free-trade zones, and second or subsequent vehicles owned by people with multiple cars.
The company also said the 10 billion-rial value ceiling set for allocating fuel to newly produced domestic vehicles is under review by the relevant working group because of market changes.
According to the statement, the only change to gasoline prices since September 8 has been an increase in the third-tier price from 50,000 to 100,000 rials per liter. The company said there has been no change to the amount or method of allocating the previous fuel quotas.