Deciphering the mystery of 27-cent gasoline / Was Iran’s gasoline exported at half the price?

Jalil Salari, CEO of the National Petroleum Refining and Distribution Company, in an interview with the economic reporter of Fars news agency, referring to the status of exports and the price of exported gasoline, said: “Unfortunately, the previous government defined mandatory programs for the export of gasoline without considering the production capacities of the country’s refineries.” Was.

He said: For example, if we refer to these plans in 1999, we will see that the feed of Star Refinery of the Persian Gulf is defined as 400,000 pieces, and these plans have been revised frequently due to their unrealistic nature, and there is no record that in one year Amend the program three times.

Salari added: In these programs, the amount of gasoline production is very unusual and unrealistic, and the numbers in some months are above 109 million liters per day. According to this program, the Minister of Oil at the time created a duty to export gasoline. Accordingly, in the last 4 months of 2019, 26 million liters of gasoline were exported per day.

* The previous government committed 2 billion liters of gasoline export for the 13th government

The CEO of National Refining and Distribution Company said: Although the production of gasoline deviated from the plan, the commercial department took action to export gasoline regardless of the balance of production and consumption and the inventory status, and the contracts were signed.

He stated that many companies also started to sign contracts with the commercial sector and pay the price of gasoline in cash, with the view that Iran’s gasoline exports will increase.

Salari continued: When the 13th government came to office, we saw that a significant amount of gasoline export obligations remained and the fulfillment of the obligations was left to the current government. The commitments of the previous government for the export of gasoline were 12 million barrels in the marine area and 200 million liters in the land area.

The CEO of the National Refining and Broadcasting Company said: Pay attention that in the previous government, the purchase of these gasoline shipments was made and the money was paid, and it went to the treasury and was consumed, and we had to fulfill these obligations gradually.

He said: In the clause of the contract, this condition was considered that if we don’t have fuel in a certain period of time, we can gradually deliver these cargoes as soon as possible.

* Gasoline export contracts were signed with a fixed price in the previous government

Salari said: Gasoline export commitments were made by the previous government in 1399 and even 1400, and naturally the price of gasoline in those periods is different from the current situation. The current situation is the price of gasoline.

The CEO of National Refining and Broadcasting Company said: Note that in these contracts, the price was fixed and not floating, and it was paid in cash at the same time. This caused us to have to deliver gasoline at prices of 200 to 400 dollars in this government, while the current price was 800 dollars per ton.

He stated: As a result of the settlement of previous contracts and the delivery of gasoline, it has also had an impact on the customs statistics and has caused the average price to drop, not that it has been cheaply sold.

Salari said: We had to deliver the shipments gradually because with the inauguration of the 13th government and the importation of the vaccine, the spread of Corona subsided and the Corona restrictions were removed.

The CEO of the National Refining and Broadcasting Company said in the end: On the other hand, we had to plan to store and supply the gasoline needed during Nowruz 1401 holidays, and this was our priority, and we gradually fulfilled the export obligations.

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