NPC, NIGC Sign Agreement to Reduce Gas, Electricity Consumption

NPC, NIGC Sign Agreement to Reduce Gas, Electricity Consumption
(Sunday, December 22, 2024) 16:43

TEHRAN (NIPNA) – The National Petrochemical Company (NPC) and the National Iranian Gas Company (NIGC) have signed a memorandum of understanding (MoU) to implement a nationwide initiative aimed at reducing domestic and commercial gas and electricity consumption by 10%.

The agreement, announced on Thursday, seeks to encourage the public to cut their energy usage by offering a reward of 400 billion rials to consumers who successfully reduce their consumption by 10%. The petrochemical companies will provide the necessary financial resources to support the initiative.

In a ceremony marking the signing, Tavakoli, NIGC CEO, expressed gratitude for NPC’s cooperation in the large-scale national effort.

He noted the success of the pilot project in Khorasan Razavi province, which has paved the way for nationwide implementation. The initiative is expected to not only reduce energy consumption but also redirect saved gas to create added value for industries.

"By working together with the National Petrochemical Company, we can help ensure that gas saved in this program is channeled into the industrial sector to create more value," Tavakoli said.

Collaborative Efforts to Manage Energy Imbalance

Tavakoli emphasized that improving energy consumption patterns in winter is a practical solution to managing energy imbalance, stating that many countries globally adopt similar measures. "As our gas consumption now exceeds production levels, we must implement restrictions in energy-intensive sectors to avoid disruptions to household supplies," he explained.

Industry and Public Partnership for Energy Conservation

Hassan Abbaszadeh, CEO of NPC, expressed appreciation for the efforts of both the NIGC and its employees in managing energy supplies, especially during cold weather. He underlined the importance of cooperation across industries to prevent major disruptions.

"We believe that working together across industries can prevent significant harm to both sectors and the general public," Abbaszadeh stated.

He also acknowledged the positive results from reducing gas use in the petrochemical sector and stressed that industries must be protected from any potential negative side effects of fuel supply limitations.

“We must recognize that we are all part of one system. The restrictions are in the best interest of the people and the country, and we must fully implement these guidelines,” he added.

Abbaszadeh further encouraged citizens to join the energy-saving campaign, including reducing household temperatures by 2 degrees, which would contribute to sustaining industrial production and help ensure the uninterrupted service to the public.

At the conclusion of the ceremony, the CEOs of both companies confirmed that the practical steps for implementing the energy-saving initiative would begin promptly.

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