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Iran to Cut Motorists' Winter Gasoline Quota 20 Percent
TEHRAN - Iran will reduce heavily subsidized gasoline quota for private motorists in winter, the official IRNA news agency reported.
Such a move could help the country lower its consumption as well as vulnerability to any possible Western sanctions targeting its fuel imports.
"The gasoline quota for the private motorists will be reduced to 80 liters from the beginning of winter (starting December 22)," IRNA quoted Mohammad Rouyanian, head of Iran's Transportation and Fuel Management Office, as saying. The current quota is 100 liters per month.
Iran, the world's fifth-largest oil exporter, lacks sufficient refining capacity and imports 40 percent of its gasoline, a burden for its annual budget.
Article continues: http://www.reuters.com/article/idUSTRE5B71UY20091208
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