10490
Parliament Urges Better Utilization of Energy Sector Potential
Energy

Parliament Urges Better Utilization of Energy Sector Potential

The oil industry possesses a great potential, from exploration and drilling to refining and exports, to fulfill the objectives of the Economy of Resistance, a lawmaker said.
The energy committee of parliament held a meeting Tuesday to assess new initiatives for enforcement of the plan's guidelines by the oil and energy ministries.
During the meeting representatives of the two ministries presented reports regarding their plans in that regard. Iran's Leader issued a decree in 2013, outlining the general policies of the resistance economy. The decree encourages increased exports of electricity, gas, petrochemicals, and oil byproducts instead of crude oil and other raw materials, expansion of the production and exportation of knowledge-based products, increase in domestic production of strategic goods, and development of markets in neighboring countries.
Deputy energy committee chairman, Mohammad Ansari, said members of the committee believe that the two ministries should improve the way they utilize their resources to contribute more to the economic growth. "The oil and gas as well as the power industry can be of great help for the economy to limit the impact of sanctions on the economy," he said.
He further criticized continuation of dependence on oil revenues in the recent years, adding that other industries have suffered huge losses because of the overreliance on oil by past and present governments.

 

Short URL : http://goo.gl/RF19eK

You can also read ...

Turkey Cuts Iran Oil Imports
Turkey’s biggest oil importer Tupras has cut back purchases of...
US Oil Industry Lobbies Against Russia Sanctions
The US oil and gas industry is lobbying against tighter...
Lack of Wind Jeopardizes UK Turbine Investments
It has been a stifling summer of disappointment for investors...
Tabriz Refinery Signs Tail Gas Agreement
Tabriz Oil Refining Company signed a $12 million agreement on...
Kuwaiti Crude Heading for Japan
Kuwait's newly launched Super Light crude oil is increasingly...
MAPNA Ready to Increase Installed Power Capacity
Iran's top engineering and energy enterprise MAPNA Group is...
EOR Operations Underway at North Yaran Oilfield
Operations are underway to increase oil production at North...
ICOFC Intends to Boost Gas Condensate Output
The state-owned Iranian Central Oil Fields Company plans to...

Trending

Googleplus