Solid energy prices in Iran until March 2016
Iranian government undertakes about $80 billion energy subsidy annually, more than the country's total exports. However, the figures on Iran next fiscal year's budget, which will begin on March 2015, indicate almost no change in energy prices compared to the current level. The Iranian government has increased the energy carriers prices twice since 2010 based on implementation of a Subsidy Reform plan, but cheap energy still motivates people to consume more energy./ Iranian Oil Minister Bijan Namdar Zanganeh said on June 24 that currently ...
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