Minister: Imbalance in energy production, consumption can be compensated
Iran’s Oil Minister Javad Owji said that a large part of the imbalance in energy production and consumption can be compensated by optimizing energy consumption in the country.
Despite the increase in oil and gas production in Iran, optimization of energy consumption should also be done in the country, Owji said at the 2nd Iran Energy Efficiency Conference (IREEC) in Tehran on Monday.
Iran’s Parliament Speaker Mohammad Baqer Qalibaf, who also participated in the conference, said that the growth of energy production in the country is about 1.5%, while the growth of consumption is about 5%. He said that the current imbalance is causing a crisis in the country.
Referring to the country’s huge wealth in oil and gas, Qalibaf emphasized that there is a possibility of saving 65% of energy in the country.