NPC, NIGC Sign Energy-Optimisation Agreement

NPC, NIGC Sign Energy-Optimisation Agreement
(Sunday, November 30, 2025) 15:59

TEHRAN, Nov. 28 — Iran’s National Petrochemical Company (NPC) and the National Iranian Gas Company (NIGC) signed a cooperation agreement on Saturday aimed at expanding investment by petrochemical producers in natural-gas optimisation and efficiency projects, the Petroleum Ministry said.

The memorandum was signed by senior oil officials, including Hassan Abbasszadeh, deputy petroleum minister and head of NPC, who praised NIGC’s collaboration in last year’s “10% Energy Consumption Reduction Campaign,” describing it as a programme that delivered “valuable social, environmental and economic results.”

Abbasszadeh said the new agreement incorporates “constructive revisions” and will support broader energy-efficiency initiatives as well as cultural, social and environmental programmes. He stressed the need to address “non-standard consumption patterns” and reduce energy waste across all sectors.

Given the petrochemical industry’s key role in economic growth and foreign-currency generation, Abbasszadeh said improved energy management in non-productive sectors would help prevent supply restrictions for industrial users.
Under the agreement, petrochemical companies will invest in efficiency projects across multiple segments, in line with national regulations and consumption standards, enabling them to benefit from the gas saved through these measures.

Saeed Tavakoli, deputy oil minister and head of NIGC, also welcomed the renewed cooperation. He described the 10% reduction campaign as a “successful experience” requiring further expansion, adding that coordination between the two state-owned firms, civil-society groups and major industries has created an “effective model” for developing energy-management programmes.

Tavakoli said he hopes companies participating under the new memorandum will cut consumption in non-productive areas and channel more energy toward productive industries. He reaffirmed the readiness of provincial gas companies and NIGC headquarters to implement the agreement, noting that ensuring stable output at petrochemical plants and prioritising gas supply to units with certified savings remain central goals of the Oil Ministry.

NPC and NIGC previously signed a similar memorandum on Dec. 19, 2023, focused on the 10% reduction campaign, which officials said helped raise public awareness and improve consumer behaviour.

 


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