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Official: Energy consumption in Iran’s housing sector fourfold of Europe’s

Business Materials 23 August 2013 14:36 (UTC +04:00)

Azerbaijan, Baku, Aug.23/ Trend F.Karimov/

Energy consumption in Iran's housing sector is fourfold of Europe's energy consumption, ISNA quoted Iran's energy consumption optimization organization Hamdollah Mohammadnejad as saying.

"However, the International Energy Organization has reported that energy consumption in Iran has sharply decreased, so that energy use has been reduced from 1.35 tons of oil equivalent per $1,000 GDP in 2009 to 0.9 tons of oil equivalent per $1,000 DGP in 2010," he added.

Energy consumption should be reduced by one third by the end of the fifth five-year national development plan (2015), he said.

According to EIA report, Natural gas accounted for about 59 percent of Iran's total domestic energy consumption in 2010, with oil consumption at 39 percent of total energy use. Iran had marginal contributions from coal and hydropower.

Iran is the second-largest oil-consuming country in the Middle East, second only to Saudi Arabia. Iranian domestic oil consumption is mainly diesel and gasoline.

The country's total oil consumption was approximately 1.7 million bbl/d in 2011.

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