Oil Minister Mohsen Paknejad said the rollout was designed to test consumer demand and price acceptance, with initial distribution carried out by five mobile fuel vehicles in Tehran. The imports are being handled by private, non-state firms, he said.
The price of the imported super gasoline was set at 800,000 rials per liter, equivalent to about $0.59 at the current market exchange rate of 1,350,000 rials to the dollar. An additional distribution fee of 2,500 rials per liter (about $0.002) applies, according to local reports.
Paknejad said more than 17 companies had already received permits to import super gasoline, but their entry into the market would depend on the outcome of the pilot phase and consumer response to the final price.
“The price is based on the full cost,” he said, citing procurement, transport, distribution and a regulated profit margin. He added that the process was being monitored to prevent misuse.
The imported fuel is being sold outside Iran’s quota system and does not affect existing allocations, Paknejad said.