According to Iran's State News Agency (IRNA) an official said that given the current unfettered consumption, gasoline import bill may top $7 billion by the end of the fourth five-year development plan (March 2005-2010).
Speaking at an energy seminar, Managing Director of Energy Consumption Optimization Organization Mohammad Sadeqzadeh said in recent years the amount of energy production rose significantly to meet the domestic needs.
However, due to neglect of various aspects in the sector including up-to-date technology, efficient energy consumption and financing of project, the situation has become alarming.
"Hence, we are at a point of crisis brought about by skyrocketing energy consumption in transportation sector and the resulting excessive gasoline consumption and its expenditures," he pointed out.
http://www.iranmania.com/News/ArticleView/Default.asp?NewsCode=23059&NewsKind=Business%20%26%20Economy
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