VP Welcomes Proposals to Solve Iran Energy Shortages

Iran’s First vice president stated the government is open to well-researched proposals that address shortages, especially in the energy sector, while considering the country’s resources.

Mohammad Reza Aref emphasized the importance of avoiding slogan-like statements, stating that the advancement and development of the country is the primary goal of all concerned Iranians.

Iran is expected to face a 25,000-MW power shortage next summer if no measure is taken, said the head of the Niroo Research Institute (NRI) in early October, adding that the figure hit 19 MW during the hot days of the summer.

The projected winter gas shortage in Iran is expected to be 250 Mcm per day, which represents 25% of the country’s total daily gas demand.

Iran produces approximately 110 million liters of gasoline daily, but this output is insufficient to meet its daily consumption needs, resulting in a shortfall of around 15 million liters. As a result, the country has been reliant on gasoline imports since 2021 to bridge the gap, with estimates suggesting that imports valued at around US$3 billion will be required this year. - Iran Daily