2007 Gasoline Rationing Plan in Iran - End of The Gas Rationing Plan

End of The Gas Rationing Plan

By July 2010, Iran had managed to save 11 billion dollars since the rationing began, thanks to the gasoline rationing plan, which has spared the need for excessive imports of the commodity. In June 2010, it was announced that after the implementation of the new subsidy reform plan, gasoline will be sold on "free market price". The start of the gasoline subsidy cuts will coincide with the beginning of the second half of the Iranian year on September 23, 2010. At that time, the 2007 Gas rationing plan will come to an end (the quota system will remain in place while gasoline prices will be increased).