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Petchem Complexes Mandated to Optimize Energy Consumption, Says Deputy Oil Minister

Petchem Complexes Mandated to Optimize Energy Consumption, Says Deputy Oil Minister
(Sunday, May 19, 2024) 14:17

TEHRAN (NIPNA) - Iran's petrochemical complexes are now required to manage energy consumption efficiently in their production processes as part of an effort to enhance production through the completion of the value chain, according to the Deputy Petroleum Minister and CEO of the National Petrochemical Company (NPC).

In a recent meeting of the specialized working group on energy for olefin and polymer complexes, Morteza Shahmirzaei emphasized the importance of energy management in production processes.

"Energy consumption indicators in Iran are not satisfactory," Shahmirzaei said, adding, "We must minimize energy consumption by optimizing processes through rationality and technology, leveraging the capabilities of scientific, research, and knowledge-based centers."

Highlighting the strategic importance of process optimization and the efficient performance of equipment by industry specialists, Shahmirzaei stated, "Energy management plays a crucial role in this context, and we must consider the economic and social impacts of flared gas emissions."

Shahmirzaei stressed that increasing production by completing the value chain should be accompanied by a reduction in energy intensity. "In the near future, flared gases might become a leverage point for Western pressures on our country, so we must take significant actions in this area," he warned.

Emphasizing the importance of knowledge sharing and efficient resource use, Shahmirzaei remarked, "Efficient and economical resource consumption has been part of our culture for a long time. We need to delve deeper and move towards optimal use of existing resources while considering higher efficiency."

The mandate underscores the strategic move by the NPC to align with global energy efficiency standards and mitigate potential geopolitical and environmental risks associated with excessive energy consumption and flaring practices.

This directive aligns with Iran's broader goals of sustainable development and economic resilience, ensuring that the petrochemical sector can maintain competitive and environmentally responsible production practices.

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