Specialized working group formed by oil minister’s order to rectify Iran energy imbalance

SHANA (Tehran) – A specialized working group was formed by the order of Oil Minister Javad Owji to redress energy imbalance.

Owji assigned the ministry’s affiliated companies and departments to sum up proposals for fixing energy imbalance and offer a pragmatic approach.

The 13th administration inherited an imbalance in the gas sector due to insufficient investment when it took office in August 2021. The imbalance caused widespread power blackouts in households in 2020. Hence, the incumbent government has implemented several projects to rectify the imbalance.

The imbalance, however, exists as the country is witnessing a jump in energy use in different sectors.

Iran’s energy consumption intensity is the highest in the world rankings as a major of the huge amount of energy produced in the country is consumed lavishly.

News ID 637046


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