25 May 2015
Tehran, May 25, IRNA - The government has scrapped subsidized gasoline rationing system to unify the petrol and gasoil prices.

"As of Tuesday midnight, one liter of regular gasoline will sell at 10,000 rials and one liter of premium gasoline at 12,000 rials," spokesman for National Iranian Oil Products Distribution Company (NIOPDC) Davoud Arab-Ali said.

One US dollar is traded for nearly 29,000 rials officially and for around 33,000 rials on open market. 

Arab-Ali said gasoil will also sell at 3,000 rials a liter in Iran, adding that kerosene will sell at 1,500 rials a liter and liquefied gas at 2,300 rials per kilogram.

Jet fuel price will soar to 6,000 rials a liter while compressed natural gas (CNG) will be charged at 4,000 rials per cubic meter.

Arab-Ali said the quota remaining in smart cards of car owners would be valid until September.

© IRNA 2015