Israel News | Zionism Israel Center | Zionism History | Zionism Definitions | ZioNation | Forum | Zionism FAQ | Maps| Edit

Wednesday, January 10, 2007

Report: Iran plans to ration fuel after March 2007

Last update - 12:21 10/01/2007   

Report: Iran plans to ration fuel after March 2007
By Reuters

TEHRAN - The Iranian government has decided to ration gasoline in OPEC's second biggest producer in the Iranian year that starts in March 2007, state-owned Iran newspaper reported Wednesday.
"The cabinet has agreed upon implementing the plan to ration gasoline in the next [Iranian] year [beginning March 21]," the newspaper said without giving a source.
The plan needs to be approved by the conservative-dominated parliament before being implemented.
Officials were not immediately available for comment.
After originally slashing the budget for gasoline imports to $2.5 billion for the Iranian year that runs to March 2007, parliament agreed in November to provide an additional $2.5 billion when the initial funds ran out.
Iran, which lacks refining capacity, has to import about 40 percent of the 70 million litres of gasoline it burns daily.
Fuel is heavily subsidised in Iran, where gasoline price per liter is 9 U.S. cents. Economists say such a cheap price encourages waste and a thriving trade in contraband fuel to Iran's neighbors.
In November, Iran also said it was planning to launch a system of "smart cards" for purchasing gasoline, a move which analysts said paved way for possible fuel rationing next year.
Rationing would be sensitive in a country where cheap, abundant fuel is considered a national right.
Many Iranian officials say Iran's dependence on imported fuel threatens national security, particularly when the country faces United Nations sanctions over its disputed nuclear program.
Asian and European traders watch Iran closely for any suggestion of fluctuation in demand. International trading house Vitol is a major supplier, according to industry sources.

Copyright - Original materials copyright (c) by the authors. Originally posted at Please do link to these articles, quote from them and forward them by email to friends with this notice. Other uses require written permission of the author.


Post a Comment

<< Home

Subscribe to
email newsletter for this site and others

Powered by

Feedblitz subcription
To this Blog only

You can receive our articles by e-mail. For a free subscription, please enter your e-mail address:

Preview | Powered by FeedBlitz

Web Logs & Sites

This Site

Zionism & Israel
Zionation Web Log
IMO Web Log (Dutch)

ZI Group
Zionism-Israel Pages
Israël-Palestina.Info (Dutch & English)
Israƫl in de Media
MidEastWeb Middle East News and Views
MidEastWeb Middle East Web Log

Brave Zionism
Israel: Like this, as if
Israel & Palestijnen Nieuws Blog

Friends and Partners
EinNews Israel
Israel Facts
Israel Proud Adam Holland
Middle East Analysis
Irene Lancaster's Diary
Middle East Analysis
Israeli-Palestinian Conflict
Israel Facts (NL)
Cynthia's Israel Adventure
Jeff Weintraub Commentaries and controversies
Meretz USA Weblog
Pro-Israel Bay Bloggers
Simply Jews
Fresno Zionism
Anti-Racist Blog
Sharona's Week
Z-Word Blog
Jewish State
Take A Pen - Israel Advocacy
Zionism on the Web
ZOTW's Zionism and Israel News
Zionism On The Web News
ZOTW's Blogs
Christian Attitudes
Dr Ginosar Recalls
Questions: Zionism anti-Zionism Israel & Palestine
Southern Wolf
Peace With Realism
Sanda's Place
Liberal for Israel
Realistic Dove
Blue Truth
Point of no Return
Christians Standing With Israel
Christians Standing With Israel - Blog

Encylopedic Dictionary of Zionism and Israel
Middle East Encyclopedia
Zionism and its Impact
Zionism & the creation of Israel
Zionism - Issues & answers
Maps of Israel
Christian Zionism Resources
Christian Zionism
Albert Einstein
Gaza & the Qassam Victims of Sderot
Zionist Quotes
Six Day War
Jew Hatred
Learn Hebrew
Arab-Israeli Conflict
International Zionism

Palestinian Campaign for the Academic and Cultural Boycott of Israel
Israel Boycott
Boycott Israel?
Amnesty International Report on Gaza War
Boycott Israel?
Dutch Newspaper Reporting: A Study of NRC Handelsblad
Hamas (Dutch)
Dries van Agt (Dutch)
Isfake lobby

At Zionism On the Web
Articles on Zionism
Anti-Zionism Information Center
Academic boycott of Israel Resource Center
The anti-Israel Hackers
Antisemitism Information Center
Zionism Israel and Apartheid
Middle East, Peace and War
The Palestine state
ZOTW Expert Search
ZOTW Forum

Judaica & Israel Gifts
Jewish Gifts: Judaica:
Ahava Products

Powered by Blogger

Subscribe to
Posts [Atom]

RSS V 1.0

International Affairs Blogs - BlogCatalog Blog Directory