Iran’s petrochemical industry has saved 1.7 billion cubic meters of natural gas over the past four years through targeted energy-efficiency initiatives, according to officials from the National Petrochemical Company (NPC).
The sector is now aiming for an additional 200 million cubic meters of annual savings in the current year as pressures on the national gas network intensify.
Ali Rabani, director of Energy Consumption Optimization at NPC, told Shana on Sunday that sustained coordination among companies has been critical to achieving these results.
He noted that the petrochemical sector has played an active role in national energy-management campaigns, including the joint gas-and-electricity reduction initiative launched with the National Iranian Gas Company (NIGC).
These efforts, he added, have helped ease consumption in residential, commercial, and public sectors during peak-demand periods.
Rabani emphasized the petrochemical industry’s expanding role in renewable power generation. So far, 150 megawatts of renewable capacity has been installed within the sector, and an additional 250 megawatts is expected to come online by the end of the year. Long-term plans also envision over 10,000 megawatts of new investment in clean-energy projects to support national decarbonization targets.
To encourage wider private-sector participation, NPC is preparing incentive packages that include tax benefits, tariff reform, and access to electricity and gas market mechanisms—tools designed to accelerate investment in solar, wind, and other renewable sources.
Rabani added that more than $550 million worth of efficiency projects are underway, alongside the implementation of energy-management standards across all refineries.
The official stressed that closer cooperation among Iran’s major energy companies—petrochemical, gas, and refining—will be vital for addressing the country’s deepening structural energy challenges in the years ahead.
