Mohammad-Sadeq Azimifar spoke on Tuesday on the inauguration ceremony for a venture geared toward diversifying its gasoline portfolio, and by the top of 1403 in Iran (twentieth March 2025), the corporate was capable of supply petroleum merchandise. An estimated 71% (roughly 185 million liters) are consumed within the transportation sector, with annual progress charges of round 7%.
He attributes a part of the elevated consumption within the transport sector to its weaknesses in pure progress and the implementation of structural vitality insurance policies. Azimifar emphasised that 53% of the nation’s car fleet are outdated, and that these older autos eat two to a few instances the world common.
The Deputy Minister of Petroleum famous that diversification of gasoline portfolios within the transport sector has not been correctly addressed. He recalled that in 2020, the High Energy Council permitted a doc that outlined the vitality provide for the transport sector till 2041.
According to the doc, CNG share within the transport gasoline portfolio was projected to achieve 23% by 2041, whereas CNG consumption can be round 1,900 from 23 million cubic meters (12% share) within the first half of 2021. 1,000,000 cubic meters (roughly 19 million cubic meters (6.5% stake within the first half of 2024).
Azimifar famous {that a} diminished give attention to CNG is a key issue within the decline in gasoline portfolio share. He mentioned, “Fortunately, efficient policymaking and the efforts of our colleagues have launched initiatives akin to free conversion of the general public fleet, working new stations, and constructing 100 new CNG stations throughout the nation.”
MNA/shana.ir