While the Arash gas field has become a new flashpoint for border tensions in the Persian Gulf, Iran continues to insist on the path of diplomacy, a path that has neither thwarted the claims of Kuwait and Saudi Arabia nor stopped the plundering of the country’s energy resources. Isn’t it time for Tehran to deploy drilling rigs and defend its national wealth instead of fruitless talks?
The head of the Energy Commission of the Khorasan Razavi Chamber of Commerce criticized the government's interventions in the energy sector, saying: "As long as the government competes with the private sector instead of supporting it and there are no sufficient protective laws, investment in the energy sector will face challenges."
The DM Water Unit Optimization Project of the South Pars Second Refinery resulted in complete self-sufficiency in industrial water supply by increasing the desalination capacity by 60% and reducing energy consumption by 3%.
As reciprocal attacks between Iran and Israel escalated and vital energy facilities were targeted, a wave of concern swept through the Persian Gulf stock markets; the region's stock markets faced a significant decline.
The Director of Coordination and Supervision of Production at the National Iranian Gas Company announced the early start of major repairs to the country's refineries, saying the operation will be completed by October. This issue has always been associated with challenges regarding the supply of electricity to power plants due to energy imbalances and the refineries' need for gas.
Persian Gulf Holding, with its massive $2 billion plan to build a 5,000-megawatt solar power plant, is seeking self-sufficiency in energy supply and reducing dependence and pressure on the national grid.
A member of the Energy Commission of the Islamic Consultative Assembly considered that eliminating the energy imbalance requires comprehensive cooperation and said: "The efforts of the National Iranian Gas Company in supplying gas to all parts of the country last winter should be a model for other organizations."
Reliable statistics show that over the past decade, the share of investment in renewable energies has increased from 33% to more than 65%, while the attractiveness of investing in oil projects has decreased significantly.
Stating that the Ministry of Energy can be a successful model for realizing the slogan of national unity, the Minister of Energy stated: "Economic reform of the water and electricity industry is one of the main tools for solving existing problems in the water and electricity industry and eliminating imbalances."
The Assistant Minister of Oil for Energy Optimization said: "Today, we are facing a wrong competition between energy production and consumption in the country, and this trend must be stopped."