Iran Plans Cuts in Subsidized Gasoline Quota
Reuters reports that Iranian state television has quoted Iranian Oil Minister Massoud Mirkazemi as saying that the quota of subsidized gasoline in Iran would be reduced from 100 liters to 55 liters per month under a plan to be considered next week by the Iranian Parliament. Iran imports around 25-33% percent of its gasoline requirements […]
Reports of $35 Billion Missing from Iran Oil Revenue
(Farsi)The Iranian Government is missing $35 billion in oil revenue from 2006-07, according to reports from Tehran’s Shahab News. That figure makes up nearly half of Iran’s total oil income for last year. The article reports the chief auditing office of the Iranian Majles revealed the missing funds, which were supposed to have been deposited […]