Tehran, Iran, June 4
By Mehdi Sepahvand - Trend:
Iran's Research Institute of Petroleum Industry is planning a series of changes at gas and liquid gas factories across the country to reduce energy consumption.
According to the plan, energy consumption at 800 units will be optimized, Mahmoud Torki, dean of Energy and Environment department at the institute, told Shana news agency June 4.
He explained that the institute plans to do so by using thermal integration technology.
Some experts believe that with its current energy intensity, Iran may end up without having any surplus oil and gas to export.
Without decreasing the energy intensity, the country's energy consumption is expected to reach 2.6 billion barrels of oil equivalent (OE) per annum by 2020 and the continuance of the current pace would leave Iran without any surplus oil and gas to export by 2025.
Energy intensity is the ratio between the gross inland consumption of energy (or total energy consumption) and Gross Domestic Product (GDP).
According to the International Energy Agency, the energy intensity index in Iran is one of the highest in the world (twice as much as the world average) and has been increasing on average by about 3.4 percent per year over the past 40 years.
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