CNG prices to increase in Iran

CNG prices to increase in Iran

The compressed natural gas (CNG) will increase in price in Iran on May 22, the National Iranian Oil Products Distribution Company said.

Each kilogram of CNG will cost 6,568 rials ($0.15 according to the official exchange rate and $0.04 according to the exchange rate in the black market) from May 22.

So far, CNG costs 6,000 rials, the company said, adding that the price increase will be below 10%, Trend reported.