Wednesday, Jun 27, 2007
Iranians believe that in an oil-rich country, with the second largest oil and gas reserves in the world, they have a right to cheap energy.
FT.com: Iran sticks to petrol rationing in spite of riots
Iran is forced to import about 30m of the 75m litres of petrol it consumes a day because of a lack of refineries. It imported $4.9bn of petrol during the last Iranian year, which ended on March 20.
The government is authorised by parliament to import only $2.5bn this Iranian year and some officials have warned that this budget will run out in less than two month’s time.
Posted by chris @ 09:47 PM (140 views) Add Comment
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