Iran's energy sector review

Iran's actual primary energy consumption rose significantly, despite dropping liquid fuels consumption, according to the National Iranian Oil Refining and Distribution Company report covering the last fiscal year's energy statistics released Mar 3, Iran's fiscal year starts on March 21. The report says that the consumption level of all kind of primary energy carriers increased, with the exception of kerosene and fuel oil. The overall actual energy consumption during the mentioned period reached 1,546 million barrels of oil equivalent (OE). The 316-page report says that Iran's primary energy consumption increased more than 155 percent during the last decade. However, the report doesn't take into account energy wasted by flaring gas, gas re-injections, etc. The amount of flaring gas in Iran reaches 32 million cubic meters per day (mcm/d), while about 77 to 90 mcm/d is re-injected to old oil wells. However, the Iranian officials statements, as well a...

The overall picture of Iran's liquid fuels production, consumption level is clear; producing 230 million and consuming 219.5 million liter of gasoline, diesel, fuel oil and kerosene per day. According to the latest report, published by Shana citing on Iran's Anti-Contraband And Currency Smuggling Headquarters, the country's liquid fuels production and consumption level have been decreased by 5 percent and 14 percent during the ten months of current fiscal year. Iran's fiscal year starts on March 21. Addressing the details of liquid fuels consumption, National Iranian Oil Products Distribution Company's Vice President Mansour Riyahi told IRNA two weeks ago that Iran consumed 250 million liters per day of various fuel production, including compressed natural gas (CNG) and liquid petroleum gas (LPG). The statistics announced by Iranian officials for last 10 months: Liquid fuel Consumption Y/Y change Consumption in 2012 Gasoline 70 ml/d 2% ...

Below is an article, exclusively written by Dalga Khatinoglu, the head of Trend Agency's Iran News Service for Iranian Oil Ministry's news website  Shana . Iran and its neighbors hold more than 70 percent of world’s total gas reserves. Iran, Russia, Qatar and Turkmenistan are world’s largest gas reserves’ owners respectively.  But none of Iran’s neighbors, except for some certain projects, has any interaction with others in gas industry. They ignore the available cooperation opportunities viewing each other as tough rivals.  Iran’s littoral neighbors - in the north and south- enjoy significant gas reserves. On the other hand, Iran’s eastern and western neighbors are in dire need of gas and power. So, Iran can play the role of a regional hub for gas or power exports. But in practice, Iran is importing and exporting only a limited amount of gas and power.  With the current joint gas markets in the region, it seems we will see an intense rivalry between regional ...