PBO
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NIGC on path toward energy governance reform
SHANA (Tehran) – The head of energy affairs at Plan and Budget Organization said the National Iranian Gas Co. is moving toward institutional transformation and more mature energy governance, citing new approaches to demand management and energy efficiency.
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PBO: Oil industry is driving force of Iran's economy
SHANA (Tehran) – The head of Iran’s Plan and Budget Organization described the oil, gas, refining and petrochemical industries as the driving force of the country’s economy, stating, "Our top priority in the ‘Year of Investment for Production’ is special attention to the energy sector."
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PBO: New Economic council measure accelerates oil investment attraction
SHANA (Tehran) – The head of Iran’s Plan and Budget Organization highlighted the country’s geopolitical, historical, and human resource capacities, noting key government steps to revive investment appeal in the strategic oil industry. These include raising project return rates to 23%, allowing investors to benefit from excess earnings, and speeding up contractual processes.
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PBO: Addressing energy deficit on gov’t agenda
SHANA (Tehran) – The head of the Plan and Budget Organization (PBO) said forming an Energy Consumption Management Optimization Organization, a housing development plan, addressing energy imbalances, and financing the Seventh Development Plan are among the issues on the government’s agenda.