Thursday, September 07, 2006

And I'm surprised again...


Iran government asks for 3.5 billion dollars to import petrol!

"TEHRAN, Sept 5, 2006 (AFP) - Iran's government has requested an extra 3.5 billion dollars from parliament for petrol imports to meet a shortfall caused by lavish daily consumption, the official IRNA news agency reported Tuesday.
President Mahmoud Ahmadinejad made the request to parliament to cover the shortage of petrol in the remaining months of the current Iranian year ending in March 2007.
Iran may be OPEC's number two producer, but its refineries have a capacity of only 40 million liters of petrol a day in a country where demand stands at more than 70 million liters daily.
The shortfall has up to now been met by spending billions of dollars each year on imports.
In February, parliament approved a 2.5-billion-dollar budget for petrol imports which is expected to run out by late September, because of higher import prices, rising consumption and the smuggling abroad of millions of liters of petrol every month.
There has been talk of rationing and dual-pricing of petrol, which is currently sold for a heavily subsidized price of 800 rials (nine US cents) a liter, but the government decided the country was not yet ready for such measures.

The world's fourth-largest oil producer has now ironically become one of the biggest petrol importers to cover lavish domestic consumption growing at 10 percent a year."

I can't be more sad than this by knowing that what a great country with great people should suffer this economical loss right when we claim that we are one of the smartest nations in the world.
I just wished someday we could use more of these intellectual ideas far away from biased opinions in a free land where we could build it like once it was built...

P.S. Picture above is a beautiful scenery of nature in northwest of Iran.

1 comment:

Anonymous said...

salam Maryam joon.. It was a great first day :P Well, initially I decided to work part time or work only! but then there is no way I can work part time there.. The scadule is too tight! :S So I decided to study 100 percent, get done with it, and then there is time to work :)