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A glance at Iran's energy sector

Business Materials 4 February 2016 10:32 (UTC +04:00)
Iran's primary energy consumption reached 4.428 billion barrels of oil equivalent during the last fiscal year (ended on March 20, 2015).
A glance at Iran's energy sector

By Dalga Khatinoglu

Iran's primary energy consumption reached 4.428 million barrels of oil equivalent per day during the last fiscal year (ended on March 20, 2015).

The latest National Iranian Oil, Refinery and Distribution Company's (NIORDC) report indicates a 4.7-percent increase in the country's energy consumption year-to-year.

The report says the country consumed 84 billion liters of liquid fuels with worth $48 billion.

Liquid fuel consumption

2014/2015

(Million Liters/day)

Y/Y change (%)

Gasoline

69.591

1.7%

Kerosene

10.059

-15.5%

Diesel

100.158

-5%

Mazut

36.69

-27.7%

Iran produced about 59.6 million liters of gasoline per day, while the consumption level was 69.6 million liters during last fiscal year.

Iran's natural gas consumption also increased by 12 percent year-to-year and reached 472 million cubic meters per day (mcm/d), of which 29 percent was consumed by power plants, 19 percent by industrial sectors and 52 percent in housing sector (including non-major industrial sectors).

The country's diesel production also was 96 million liters per day, about 4 million letters less than consumption level. However, Iran had above 31.3 million liters of extra fuel oil (mazut) for export or bunkering per day last year.

The country also produced 19.1 million cubic meters of CNG daily during last year, about 0.8 mcm/d more than the previous year.

Iran's total primary energy consumption experienced a huge increase during the last several decades, especially after the Islamic Revolution in 1979.

According to National Iranian Oil Refining & Distribution Company (NIORDC) statistics, the primary energy consumption was around 500 million barrels of oil equivalent (OE), but the figure increased to 2.7 billion barrels of OE in 2000 and jumped to 4 billion barrels of OE in 2009.

* Energy intensity (Barrel per 1 million rials)

* Energy productivity (1000 rials per barrel)

The share of gas in the total primary energy consumption reached 69 percent by March 21, 2015, while this figure was 50 percent in 2000 and 15 percent in 1980.

With regards to liquid fuels, Iran refined 1.802 million barrels per day (mb/d)of crude oil during last fiscal year, about 57,000 barrels per day less that the previous year.

Dalga Khatinoglu is an expert on Iran's energy sector and head of Trend Agency'sIran news service

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