IRINN — broadcast 20261012 113000 UTC 488 transcript segments Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking Data courtesy of The GDELT Project (https://www.gdeltproject.org/), from the Internet Archive TV News Archive. Machine transcription. Treat it as a searchable index of what was broadcast, not a verbatim quotation record. [00:00:00] Very regretful. [00:00:03] The competition of Iranian football representatives in Asia, the confrontation of [00:00:07] Tractor and Esteghlal with Qatari opponents in the second week of the [00:00:10] Elite [00:00:11] Football League. [00:00:18] Thank you for joining us. Good day and [00:00:20] goodbye. [00:00:50] In the name of God, greetings and respect to each and every one of you, viewers and [00:00:53] listeners of the Economy Desk program, who are accompanying us in this part of this [00:00:57] economic discussion from Khabar Network and the simultaneous broadcast of this [00:01:00] program from Eghtesad Radio. Today, we want to talk about [00:01:04] CNG consumption, from gasoline to natural gas. [00:01:08] We will talk about the obstacles to the development and greater use of this [00:01:11] alternative fuel. We have talked a lot about CNG. We always [00:01:15] have a few repeated words and sentences that say that we can use [00:01:19] twice as much CNG as we are currently using. There is capacity to use it, [00:01:23] but it is not being used, and there is no desire, and these things are [00:01:26] in their place. If you remember, from the 80s, when the discussion about [00:01:30] CNG became very heated with the change in gasoline prices, [00:01:33] its use intensified due to the price difference [00:01:37] between, as I said, [00:01:40] natural gas and gasoline. [00:01:43] Basically, two factors cause people's desire [00:01:47] for alternative fuels to increase. One is a significant price difference, [00:01:51] and the other is the compatibility of [00:01:54] alternative fuels with cars. [00:01:57] The second issue has almost been resolved. Why? At that time, [00:02:04] the first generation of dual-fuel kits were used, but now we have reached the fourth generation of dual-fuel kits, [00:02:08] which means that naturally, the compatibility of [00:02:11] car engines with the use of CNG fuel has become [00:02:15] better and more. We will talk more about this in the program, about what has happened, [00:02:18] because there is a belief and, as I said, an old thing [00:02:22] among all of us that we think that when a car is currently using [00:02:26] CNG fuel, its traction is less [00:02:29] and its breakdowns are more. In previous generations, it was like this, [00:02:32] but now it is much less, and almost, according to [00:02:36] the officials, this does not happen. This is in its place. [00:02:40] Also, in periods when the price of gasoline had a very significant [00:02:43] difference with the price of natural gas, and it was worthwhile for people [00:02:47] to use a cheaper fuel instead of using more expensive gasoline, [00:02:51] naturally, the desire to use natural gas would also increase. Of course, [00:02:54] not in the sense that the other interpretation would be that, well, then the price of gasoline [00:02:58] should be increased again, for example, so that gas, [00:03:02] as I said, is economical. But generally, we are looking at behavior, we are looking at economic behavior. [00:03:06] When the price of gasoline does not have such a difference with the price of natural gas, [00:03:10] that you want to choose which one to use, [00:03:13] naturally, you choose the one that is more easily available [00:03:16] and has more trust from before. Naturally, this [00:03:19] difference can help us use more alternative fuel [00:03:23] and overcome the challenges we have in the country regarding [00:03:26] gasoline supply. Why? Because according to the statistics announced by the government itself, [00:03:30] last year, we had about 5.5 to 6 billion dollars [00:03:34] of fuel imports, which, naturally, if we had [00:03:37] used this for natural gas, [00:03:40] for its development, for producing more cars, [00:03:44] we could have reduced the pressure of [00:03:47] imports given the current situation. This is one issue. [00:03:51] Another issue is the chicken and egg problem. [00:03:55] How? It is said that first you give us money, and then we will [00:03:58] go and save. [00:04:06] The point is that now we have the Energy Efficiency Organization [00:04:09] and naturally there is also the Efficiency Fund and resources have been [00:04:13] injected into that fund. There are some [00:04:16] ideas that we should quickly bring this money into these areas and spend it on gas conversion. [00:04:20] These resources should not be used in this way, [00:04:23] according to experts. Most of it is for this purpose: if you save, [00:04:27] we will give you a saving certificate to sell on the stock exchange. [00:04:30] Or if I am going to give you money upfront to do this, there should be [00:04:34] a guarantee. If tomorrow I gave you this billion dollars [00:04:38] or several thousand billion tomans and you went and said, "It didn't happen, I couldn't save," [00:04:42] then what? So let's have an agreement that if saving was to happen, [00:04:46] the guarantee should be in place, and if this [00:04:50] unfortunately didn't happen, the money shouldn't be lost. We shouldn't be left with [00:04:53] a fund whose money has been wasted and, as I said, not spent [00:04:57] in the right place, and naturally, we would say that the newly [00:05:00] established organization cannot do its job. Of course, all these wheels should [00:05:04] work more smoothly together. We want to talk about these things: how many [00:05:07] CNG capacities are currently available? How many active stations do we have? How many [00:05:11] are inactive? [00:05:15] The key to the CNG issue is this discussion about car manufacturers, [00:05:19] because the more dual-fuel cars are produced, the more people [00:05:22] will be inclined to use this natural fuel. [00:05:26] This was an introduction to what we are going to talk about for these 37 minutes [00:05:30] with the guests of the program, and see what the situation [00:05:34] of alternative natural gas fuel is. What are the government's plans [00:05:37] for more use? What happened to the car manufacturers? And what will happen [00:05:41] to the supply of more gas? Let's watch a report together, and then I will introduce [00:05:44] the guests to you, and we will start the discussion, [00:05:46] God willing. [00:05:49] For a while now, we have been hearing a lot about reducing gasoline consumption. Solutions [00:05:52] such as alternative fuels, including electricity and gas, have received [00:05:56] a lot of attention. Since we are intercity taxis, we use [00:05:59] gas more often. I don't fill up with gasoline in the morning anymore. [00:06:03] You really don't? I really don't. I filled up last night. Now I'm filling up for tomorrow morning [00:06:06] to be ready. Less is consumed. Yes, people are encouraged. [00:06:10] Yes, but for example, this gas has not been able to [00:06:12] gain its share of the market as it should have. Unfortunately, [00:06:16] over the past two years, we have had less [00:06:19] growth and sales. We went from 25 million [00:06:23] cubic meters to 15 million cubic meters. [00:06:27] That is, we had a 40% decrease in sales. [00:06:30] Alternative fuels, in addition to reducing refueling costs, can [00:06:34] also reduce the pressure on gasoline today. Moreover, this [00:06:38] reduction in fuel consumption is directly going into people's pockets. [00:06:41] With siege and these actions, they want to start a fight. [00:06:45] We, with unity and cohesion, will nullify [00:06:48] their plans, and with empathy and cooperation, [00:06:51] all people's concerns are my concern. [00:06:55] However, to make CNG widespread, programs have also been implemented [00:06:59] in a targeted manner in Kerman, Sistan and Baluchestan, and Tehran [00:07:02] for high-use online taxis, which are taxis that [00:07:06] travel more than 200 kilometers per day. We are doing [00:07:09] this. Through online taxis, an SMS has been sent to these [00:07:13] high-use vehicles, and after they complete [00:07:17] their registration, we convert these vehicles [00:07:20] to dual-fuel completely free of charge. In the end, however, while [00:07:24] we have a distribution capacity of approximately 40 million cubic meters of CNG in [00:07:27] the country, only a little over 16 million cubic meters [00:07:31] of it is used, a number that is so low that even when [00:07:35] gasoline was distributed without problems, something should have been [00:07:38] done about it. Reza Shafiee, IRIB News Agency. [00:07:44] Yes, Reza Shafiee's report from the energy group of IRIB News Agency was presented to [00:07:48] you, listeners of Eghtesad Radio and viewers of Khabar Network. Let me introduce [00:07:52] the guests to you. Mr. Jan Mohammadi, head of the board of directors of the National CNG Association, is a guest [00:07:55] of the Economy Desk, and also Mr. Rafiee, Director of Consumption Affairs of the National Iranian Oil Refining and [00:07:59] Distribution Company. Mr. Nakhei, member of the Energy Commission of the Islamic Consultative Assembly, will also [00:08:03] join the Economy Desk from South Khorasan studio, [00:08:07] and we will talk, God willing. Greetings and strength to all the guests. [00:08:10] Let me start and state the latest consumption statistics [00:08:14] for the viewers, both about the production situation and the consumption situation. [00:08:18] What is the overall situation of our alternative fuel? [00:08:21] In the name of God, the Most Gracious, the Most Merciful. I also extend my greetings [00:08:25] to you, dear guest, and all our [00:08:28] dear compatriots. I hope that [00:08:32] all our compatriots are well, [00:08:35] God willing. I must tell you that the reality [00:08:39] after this third increase in the price of [00:08:42] gasoline to 10,000 tomans, we witnessed [00:08:45] the welcome of our dear compatriots to [00:08:48] alternative fuel or the country's second fuel, which is [00:08:52] CNG, and we had almost a close to [00:08:55] 20% increase in CNG consumption [00:08:58] month-on-month in October compared to [00:09:01] August. That is, our consumption in August had almost reached [00:09:05] 14.7 million cubic meters per day. This number [00:09:09] in October was [00:09:42] and it has decreased. Our gasoline consumption decreased from [00:09:46] 144 million liters per day to [00:09:50] 134 million liters per day, which means about 10 [00:09:53] million liters decrease in consumption after the price increase. [00:09:57] Our gasoline consumption in the current month of October [00:10:01] that we are in, compared to the same period last year, [00:10:04] had a zero percent growth. This is a difference. [00:10:08] This is while we are on average in. [00:10:11] میانگین در. [00:10:25] Last year, gasoline consumption did not increase, [00:10:28] but CNG increased by about 20% as [00:10:32] you mentioned. This, of course, is a [00:10:35] temporary effect. Gasoline price increases [00:10:38] always have a temporary effect like this [00:10:42] for one or two months. However, [00:10:45] due to the general inflation in the country, [00:10:48] gasoline prices may [00:10:51] gradually increase again. Consumption of gasoline, [00:10:55] excuse me. We hope that with [00:10:58] the cooperation of our dear people and with [00:11:02] the development of alternative fuels, including CNG, LPG, and [00:11:06] electric vehicles, as well as the development [00:11:10] of public transportation, which is what the President [00:11:13] has repeatedly emphasized to the respected governors [00:11:17] and mayors: regarding the [00:11:20] provision of intercity buses and [00:11:24] public transport vehicles. And [00:11:28] our dear people, even the President, [00:11:31] as you know, started a "car-free day" [00:11:34] per week from the executive bodies themselves. [00:11:38] These are well-known campaigns around [00:11:41] the world. That is, to improve [00:11:44] air pollution and improve [00:11:47] people's health, many countries have implemented [00:11:51] "car-free day" or "green day" campaigns per week. [00:11:55] We also hope that we can implement this. I mentioned [00:11:59] the consumption growth was 20%, it's 12% exactly. [00:12:02] Right? Look, our CNG consumption growth [00:12:04] was almost month-on-month, as I said, October [00:12:08] compared to August was 20%. This is while [00:12:11] the overall consumption growth was about [00:12:14] 11 to 12 percent. [00:12:17] What? Yes, compared to the same period last [00:12:21] year, it was actually 11-12%. Very well, thank you very much. [00:12:25] For the introduction you gave, Mr. Jan Mohammadi, you tell us how much more capacity there is [00:12:29] for us to go towards stations and [00:12:32] towards CNG fuel. How many of all the stations we have in the country [00:12:36] are active, how many are inactive? Greetings and respect [00:12:40] to you, dear people of [00:12:42] Iran, Mr. Dr. Rafiee, and Mr. Dr. Nakhei, [00:12:46] who are with us. I would like to tell you that we have about [00:12:49] 2256 active CNG stations [00:12:53] throughout the country, whose nominal capacity [00:12:57] of compressors is something between 35 to 40 million [00:13:00] cubic meters, which is equivalent to [00:13:03] the same amount of gasoline, meaning 35 to [00:13:06] 40 million liters of gasoline. Currently, [00:13:09] we are operating at approximately 40% of our capacity, and the events of the past month [00:13:13] once again showed us that the second fuel, CNG fuel, has high capacities [00:13:17] to alleviate imbalances and as [00:13:20] a passive defense fuel that can help [00:13:24] the country's fuel supply in times of crisis. [00:13:27] How many stations have nozzle problems? Because [00:13:31] sometimes people refer to them, and the messages that come to my colleagues are that, for example, [00:13:35] at a station, it has three rows working, two rows are working. [00:13:38] Some equipment seems to be old and has not been [00:13:42] renovated, which makes the queues a bit longer. [00:13:46] At that time, for example, in previous years, consumption was much higher. One of the [00:13:49] complaints was that people were not very willing to go towards [00:13:53] CNG because of long queues. What is [00:13:55] the plan to solve this? Also, if there are any statistics [00:13:58] on challenges and problems, please provide them. I would like to tell you that the age of our [00:14:02] CNG stations is approximately between 15 and 25 years. It is very natural that [00:14:06] after 15 to 25 years, a part of this capacity [00:14:09] needs renovation and improvement. Unfortunately, at least in the [00:14:13] past 10 years, the economics of the stations have not allowed the [00:14:16] owners of the stations to take action to carry out [00:14:20] their periodic repairs as best as possible. Even so, [00:14:23] we annually receive standard certificates for all [00:14:27] of our stations, 100% of our stations, from the National Standards Organization. [00:14:31] In terms of safety, we do not have any problems in CNG stations. However, in [00:14:34] some stations, some nozzles, due to economic problems, [00:14:38] and because there was no capacity there, there were [00:14:42] no high customers at that station, it was perhaps not deemed necessary to bring [00:14:45] all this capacity into operation. But if we want to pay more attention to CNG, [00:14:49] it is certainly one of the most basic things [00:14:53] that we should bring all the capacity of 35 to [00:14:55] 40 million cubic meters into operation by carrying out periodic repairs [00:14:58] so that we do not have any problems in this regard. [00:15:01] You mentioned that the nominal capacity is 42 million cubic [00:15:05] meters per day. If we want to see the real value of this right now with the existing [00:15:08] capacities, how much real capacity can we create? Currently, with [00:15:12] the same station capacity, with the same economy, we can immediately reach [00:15:16] 25 to 30. But if we can fix the issue of station economics, [00:15:20] we can easily see the number 35 to 40. Well, that means with the same [00:15:23] equipment that we currently have challenges with and have problems with and [00:15:27] is old, we can cover up to 30-35. Thank you. [00:15:31] Mr. Nakhei, please tell us what, in your opinion, [00:15:34] based on the investigations you conducted in the commission, [00:15:37] are the most important challenges? Of course, we have talked a lot about challenges in various programs, [00:15:41] but please tell us what you think are the most important obstacles [00:15:45] to the development of CNG alternative fuel [00:15:48] in cars. Where do you see the most important and first problem? Is it in [00:15:51] cars, in government policies, or, as I said, [00:15:55] in stations? Where do you think [00:15:59] the most important and first problem is? [00:16:01] Yes, in the name of God, the Most Gracious, the Most Merciful. [00:16:07] Greetings and respect to you, dear guests of the program, [00:16:11] and the noble people of Iran. [00:16:15] I thank you for your good program [00:16:18] and for addressing this very important [00:16:22] issue. Well, you see, as [00:16:25] mentioned, diversifying the vehicle fuel basket [00:16:29] alongside fleet renewal and the development of public transportation [00:16:32] and also increasing the refinery production capacity [00:16:35] are among the most important things [00:16:39] that can be done to reduce the imbalance [00:16:42] in gasoline. This means that we must [00:16:46] reduce the weight of gasoline in the country's fuel basket, [00:16:50] which has a very large weight, [00:16:53] and gradually increase other carriers. [00:16:56] There are also very good legal capacities. [00:17:00] After all, we have Article [00:17:03] 46 of the 7th Development [00:17:07] Plan, we have the Law on Organizing [00:17:10] the Automobile Industry, and in the annual budgets, [00:17:13] in different years, there have been references [00:17:17] to this issue. In addition to that, as a financial [00:17:20] tool, we have Article 12 and also the discussion of [00:17:24] the optimization account. I want to say that good provisions have been [00:17:28] made in the laws regarding diversifying [00:17:32] the fuel basket, but [00:17:35] unfortunately, for the very reasons that you also mentioned at the beginning [00:17:38] of your speech, that there was not much [00:17:42] motivation to use CNG, despite the fact that [00:17:46] very good infrastructure was created in the country [00:17:50] at one point. 2500 CNG stations [00:17:54] is not a small number, and a significant number [00:17:58] of vehicles that were dual-fuel, [00:18:01] created a very good capacity for the development of [00:18:05] CNG in the country. However, [00:18:08] unfortunately, over time, due to the incorrect [00:18:11] policies that were sometimes applied, [00:18:15] this trend did not continue, and [00:18:18] even those vehicles that were dual-fuel and [00:18:21] had the possibility of using CNG, unfortunately, gradually decreased, [00:18:25] as mentioned, from almost [00:18:29] 40 million cubic meters of CNG capacity, [00:18:33] which is a very significant capacity in the country. [00:18:36] Now, with these policies of the past month or two, it has increased a little, [00:18:40] and we have just reached around 17 million, [00:18:44] which is a very significant difference, [00:18:47] and this naturally needs to be compensated. [00:18:50] Unfortunately, in some [00:18:54] organizations and executive bodies, we are witnessing [00:18:57] some disagreements. In many places, [00:19:01] addressing the issue of CNG [00:19:03] is still not considered a matter of saving. [00:19:07] That is, they are not willing to issue a saving certificate [00:19:11] so that, for example, if someone's CNG tank [00:19:14] has expired, they have to replace the tank. [00:19:18] It also has a high cost. They should be able to replace [00:19:22] this tank, for example, and get [00:19:25] a saving certificate, or, [00:19:28] as I said, the development of CNG stations [00:19:31] itself, which is an important issue. Look, it's true [00:19:35] that we have a significant number of CNG stations in the country, but [00:19:39] really, in some places, in some areas of the country, [00:19:42] there is a need for CNG stations to be developed. [00:19:46] For example, in large provinces like Sistan and Baluchestan, [00:19:50] like our own province of South Khorasan, we still have [00:19:53] cities that do not even have a single CNG station. [00:19:57] Areas where the first CNG station might be 200 kilometers, 150 [00:20:01] kilometers away. There is a need for these stations to be developed. [00:20:05] The same capacity of Article 12 that existed [00:20:08] and at the beginning of the work, [00:20:12] the capacity of these legal provisions [00:20:14] was used, and CNG stations were developed. [00:20:18] Equipment was provided to investors free [00:20:21] of charge. Well, these [00:20:24] must be used. There have also been approvals [00:20:27] in the government. I am aware that in the Economic Council, [00:20:31] approvals have been made for this purpose, but [00:20:35] unfortunately, in implementation, [00:20:37] often due to disagreements that have arisen, [00:20:41] these have not been allowed to develop. Or the issue of CNG economics [00:20:45] that the dear guest of the program mentioned, [00:20:48] the issue of station economics is a very [00:20:52] important issue. Look, now station owners, [00:20:55] compared to product station owners, [00:20:59] not that it is very good there either, but compared to them, they are really [00:21:03] very discouraged. The government must regulate [00:21:06] the economics of the stations. This commission [00:21:10] they receive, the fee they receive, the services [00:21:13] they should receive, these must be reformed so that [00:21:17] in any case, the station operation has a good [00:21:21] economic justification. On the other hand, [00:21:24] the development of dual-fuel cars. Look, [00:21:28] the share of our dual-fuel cars in the country is something [00:21:31] like 15%. This, compared to the number of cars [00:21:35] we have in the country, if we want to compare it with countries that [00:21:39] have addressed other fuels and have actually succeeded [00:21:42] in reducing the share of gasoline, [00:21:46] the number is not good. This should really [00:21:49] increase. The emphasized [00:21:51] program that we made in [00:21:55] Article 46 [00:21:56] I [00:22:01] yes, yes, I'm here. Thank you, Mr. Rafiee. Let's start with the last point Mr. Nakhei [00:22:04] mentioned, the economics of the station, and then we'll discuss the cars. [00:22:08] Why is their dual-fuel conversion happening with such a delay? [00:22:11] Is anything going to be done about this, or does the government [00:22:15] have a plan, or is the current path the right one, and [00:22:18] you don't really see these points raised about commissions [00:22:22] and such things? Look, the economics of the stations [00:22:26] right now in the CNG industry, the biggest problem we [00:22:29] have is not the issue of station economics, it's the issue of [00:22:33] the economics of using CNG for people [00:22:37] compared to gasoline. This is point one. Regarding stations, [00:22:40] first of all, the commission for stations [00:22:44] has honestly been increased every year by the government. [00:22:48] It's true that the friends had some demands, but [00:22:50] this increase has happened, and now the reality is that [00:22:54] the government is not only not making a profit on every [00:22:57] cubic meter of CNG that goes into the tank of cars, [00:23:00] especially cars, but it is also spending almost [00:23:04] twice as much on it. [00:23:07] That is, almost the average price of each cubic [00:23:10] meter, or let's say kilogram, of CNG that is used [00:23:14] in a car tank, I think it's about [00:23:17] 1400 Tomans, Mr. Jan Mohammadi. [00:23:58] Friends of the complex, in fact, the professional [00:24:02] association of CNG converters and these conversion companies and [00:24:06] conversion workshops have been converting [00:24:09] cars for free for the past year. [00:24:12] The financing for this was mainly provided by these [00:24:16] supply chain companies. It was supposed [00:24:20] that the government would cover this free conversion. [00:24:24] This has been delayed for almost a year now. [00:24:27] We have done the work, and thank God, I guess [00:24:31] by the end of October, these claims, how much are they? [00:24:35] The total amount of the claim is approximately 3.2 [00:24:37] thousand billion tomans of our collected [00:24:41] and definitive claims. Of course, there have been other [00:24:44] claims after that, but they have not yet been finalized. [00:24:48] The thousand billion tomans is something [00:24:51] that we will pay to our friends from last year [00:24:55] until now, God willing, by the end of October. God willing. [00:24:59] Do you have any points on this topic? I would like to explain briefly [00:25:02] about the economics of stations. The government earns about [00:25:06] 30 cents from gasoline savings in this category. [00:25:10] For station commissions, we should consider the CNG [00:25:13] price to the consumer as one category, and station commissions [00:25:17] as a separate category. Currently, [00:25:20] we are almost at the end of the seventh month of the year. [00:25:24] Yesterday, the honorable Council of Ministers approved the CNG station commission for the year [00:25:28] 1405. Well, this amount was 8,000 [00:25:31] billion tomans, which will probably be paid in the next month or two. [00:25:35] If this amount had been spent at the stations in March [00:25:39] or April, what would have been the trend of the economy [00:25:43] and modernization of the stations? This means that if we pay the station commission [00:25:46] in December or January, it will certainly [00:25:50] have a negative impact on the performance of the stations. Certainly, the government has made efforts in this regard, [00:25:54] but the efforts have not been such as to make the economics [00:25:58] of the stations and the willingness of the station owners such that, in addition [00:26:01] to the consumer, it helps the continuation of their activities. [00:26:05] Certainly, yes, for the consumer, but we must see this financial attractiveness for [00:26:09] the consumer who uses alternative CNG fuel. [00:26:12] But if we want to separate this station chain [00:26:16] from this chain and only go towards the consumer, [00:26:19] we will certainly have problems in the area of stations. [00:26:23] Mr. Rafiee, another point is raised, especially regarding the amount [00:26:27] of thousands of billions of tomans that needs to be provided. One is that we are now seeing [00:26:30] that consumption has increased in the past two months. There is a slight disagreement about its provision. You said [00:26:34] by the end of October. Where does this come from? Is it from optimization? Do you get it from the budget program? [00:26:38] From your own resources? What about the oil sector? How is it? [00:26:41] Look, this is actually part of the resources and [00:26:45] derived plans from Article 12 of the Law on Removing [00:26:49] Production Obstacles, which stipulated that if an investor or contractor [00:26:52] implements a project that leads to energy [00:26:56] consumption savings, for example, replacing a high-consumption [00:27:00] lamp with a low-consumption one, the government [00:27:03] has not spent money on this. A private sector investor has come and replaced [00:27:07] the street lights. From the electricity savings created, [00:27:11] we can return the investment to that investor. [00:27:14] Here too, in CNG, some contracting companies [00:27:18] have come and converted cars [00:27:21] to dual-fuel. They have covered the cost. [00:27:24] This has led to a reduction in gasoline consumption [00:27:28] and has generated revenue in total [00:27:31] from not importing gasoline or, in years when we had exports, [00:27:34] from exporting gasoline for the country. [00:27:38] From those savings, in fact, a return occurs, [00:27:41] and through the issuance of energy saving certificates, [00:27:45] which are now actually issued by the honorable [00:27:48] Optimization Organization, the return on investment [00:27:51] occurs. Ultimately, as the National Iranian Oil Refining and [00:27:55] Distribution Company, we will issue [00:27:57] the certificates of saved energy on the energy exchange [00:28:01] at the export rate. [00:28:05] We know that those who actually buy these certificates, or [00:28:09] buy that export gasoline and diesel, their money goes [00:28:12] to CNG contractors and they export that product. [00:28:16] This is actually the model. Why hasn't this financial [00:28:19] model been implemented now? Because you have savings. For example, 20% [00:28:23] has been saved. If we only want to focus on that, [00:28:27] 20% savings. Certificates of savings should be issued [00:28:31] and sold on the stock exchange. And the debt should be settled, right? Of course, [00:28:35] according to the law, it was not that much savings. According to the law, it was [00:28:38] the cost of each car. For example, they [00:28:42] said that each passenger car costs about $500, [00:28:46] and a pickup truck costs $5500 [00:28:49] to convert. This conversion [00:28:52] was done by authorized workshops. [00:28:56] Now we will pay this from the [00:28:59] proceeds of the savings [00:29:02] to the esteemed contractors. Thank you, Mr. Nakhaei. [00:29:06] Please give your opinion on this financial model that exists. [00:29:09] On paper, everything seems correct, but in [00:29:12] practice, it seems that things get a little complicated. [00:29:16] In practice, sir, excuse me, last [00:29:19] year we had three phases of issuing [00:29:22] energy saving certificates for our [00:29:26] CNG colleagues. If I remember [00:29:28] correctly, in Bahman and Esfand of 140. [00:30:01] Azar. [00:30:04] That was also close to 300 billion [00:30:08] tomans. Three phases of payment of debts to CNG [00:30:12] contractors have been made in the 14th government. We will issue the fourth phase, God willing, [00:30:15] next week by the end of Mehr. The debts will [00:30:19] almost be fully settled. The problem [00:30:23] arises from where, that is, from the gap from Azar to the end [00:30:25] of 14, that is, from month 9 to 12 and from month 1 [00:30:29] to the end of month 7, this gap had multiple reasons, [00:30:33] including the outbreak of the imposed war and [00:30:37] in other words, damage to some phases of South Pars, which led to us [00:30:41] no longer having surplus gas to issue gas [00:30:44] saving certificates on the energy exchange. That's why [00:30:48] the National Iranian Oil Refining and Distribution Company [00:30:51] went and accepted gas oil bonds [00:30:54] on the energy exchange, and now for the first time in the country, we want [00:30:58] to issue certificates next week.