3 July 2024 - 15:07
  • News ID: 643779
Energy Optimization Market Launched

SHANA (Tehran) - The managing director of the National Iranian Gas Company (NIGC) Majid Chegeni has said that the launch of the energy optimization market is one of the tools of people's participation.

Speaking during the unveiling ceremony of the energy and environment optimization market in the Iran Energy Exchange (IRENEX) and the start of the gas-saving certificate transactions on Tuesday; the NIGC chief said: Over the past three years, important achievements in the field of gas and energy supply were achieved, one of which is the launch of the energy optimization market as one of the tools for people's participation in the energy sector.

The license to supply 125 million cubic meters of gas in IRENEX has been obtained from the country's Planning and Budget Organization (PBO), and a part of it is being sold in the market today, the CEO said, noting that the considered ceiling for issuing saving certificates is 10 billion cubic meters.

The CEO of the National Iranian Gas Company announced: According to Note 4 of the Budget Law of 1403, the Ministry of Petroleum has been obliged to issue 40 thousand billion rials of energy-saving certificates for optimization projects.

The deputy minister of petroleum also stated that simultaneously with the release of the first saving certificates, the memorandum of understanding to replace one million low-efficiency heaters with high-efficiency ones will be signed between the Iran Gas Trading Company and a capable domestic company and will be implemented soon.

The National Iranian Gas Company (NIGC) will make every effort to use the capacity and capabilities of domestic producers to implement the heater replacement plan, he noted.

News ID 643779


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