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Iran's Domestic Energy Consumption Causing Concern

Domestic Energy Consumption Causing Concern Domestic Energy Consumption Causing Concern

Energy (oil and natural gas) produced in Iran per day is 9.5 million barrels of oil equivalent, of which 65% is consumed domestically.
Ali Mobini Dehkordi, head of the Institute for International Energy Studies, a subsidiary of the Oil Ministry, made the statement in a conference on ‘Development of Petroleum Financial System’ in Tehran on Monday, ILNA reported.
“Consumption of this amount of energy is five times higher than the global average and 12 times the average of  developed countries (like Japan),” Dehkordi said, warning that not cutting the massive use will lead to irreparable damages (in long term) under the US sanctions regime.

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