Int'l Confab to Tackle Energy Trends

Int'l Confab to Tackle Energy TrendsInt'l Confab to Tackle Energy Trends

The 11th International Energy Conference of Iran will be held on May 30-31 in Tehran to tackle the fundamental trends in the energy sector.

The biennial convention is expected to bring together more than 1,500 professionals and academics in the energy industry for two days of extensive talks.

Oil Minister Bijan Namdar Zanganeh and Energy Minister Hamid Chitchian are slated to address the conference on its opening day, Shana reported.

In addition, 60 high-profile figures from 22 countries, including the US, Germany, the UK, Italy and Japan, are scheduled to address the conference's four expert panels, according to Davoud Manzour, deputy executive director of Iran Power Generation, Distribution and Transmission Company and the secretary of IEC.

"Energy Dynamics in the Changing World" has been selected as the theme of the conference that will cover a wide range of issues, including renewable energy, energy efficiency and export, oil and gas projects and public and private partnership.

The convention will also touch on broader issues such as Iran's energy industry in post-sanctions period, new world order and the geopolitics of energy, policymaking and dynamic planning as well as global energy standards.

"Energy solutions, which were too costly and unpractical in the past, are now viable and economical," Manzoor noted, adding that IEC will add up to a fresh prospect for addressing energy challenges across the board.

Following major international oil, gas and petrochemical conferences in Tehran, IEC comes at a crunch time when Iran is trying to rebuild its economy and uplift its underlying energy sector following the lifting of international sanctions in January.

The Islamic Republic is slowly but steadily shoring up its crude oil and natural gas production capacity to offset years of financial setback and underinvestment.

It has also turned to international contractors to upgrade its aging power generation and infrastructure to save millions of dollars in annual expenses.