Minister Issues Directive for Forming Working Group to Rectify Iran Energy Imbalance

A specialized working group was formed with the directive of the Oil Minister Javad Owji to deal with energy imbalance.

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

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

The imbalance, however, still exists as the country is witnessing a jump in energy consumption in different sectors. Iran’s energy consumption intensity is the highest in the world rankings. - Shana