Iran Seeks Private Sector Role in Energy Policymaking

Iran Seeks Private Sector Role in Energy Policymaking
(Wednesday, November 4, 2026) 11:37

TEHRAN, November 3 (NIPNA) – Iran’s Petroleum Ministry is seeking greater private sector participation in shaping future energy policies, regulatory frameworks and energy diplomacy, Acting Petroleum Minister Hamid Bovard said, emphasizing that businesses should play a role beyond project implementation.

Speaking at a meeting with the head and members of the Tehran Chamber of Commerce, Industries, Mines and Agriculture on Tuesday, Bovard said private companies and industry associations could contribute to reviewing future plans, developing regulatory frameworks and strengthening the country's energy diplomacy.

He said private sector involvement should extend to policymaking and decision-making, adding that cooperation among different sectors was essential to advancing Iran's interests in energy diplomacy.

Ministry Welcomes Productive Energy Projects

Bovard invited private companies to submit practical proposals for managing energy consumption, saying businesses could contribute by developing and supporting innovative software and solutions.

He added that the ministry would welcome proposals for the direct use of natural gas from the national network in productive and economically viable projects.

Industries should also plan their operations in ways that help reduce fuel consumption, he said, stressing that maintaining the country's energy security required cooperation across all sectors.

Bovard noted that current conditions were not normal and that energy challenges could no longer be addressed through conventional approaches. He called for coordinated efforts to manage consumption, increase fuel reserves and ensure stable energy supplies.

Efforts Under Way to Restore Lost Gas Capacity

The acting minister said the Petroleum Ministry was working around the clock to restore lost natural gas production capacity and return output to previous levels as quickly as possible.

He stressed that recovering the lost capacity would require the cooperation of government agencies, industries and private sector companies, in addition to measures already being pursued by the ministry.

Bovard also called for a review of previous energy-management decisions and greater use of available capacities to reduce consumption. He said several programmes were under way to manage demand and maintain adequate fuel storage ahead of the winter season.

He urged major industrial consumers, particularly steelmakers and other energy-intensive industries, to take part in energy-saving programmes and use their capacities to reduce consumption.

The meeting addressed the importance of ensuring stable natural gas supplies during the cold season, challenges facing the energy sector and their potential impact on economic and industrial activity.

It was attended by Bovard, National Iranian Gas Company Managing Director Saeed Tavakoli, National Iranian Oil Products Refining and Distribution Company Managing Director Mohammad Sadegh Azimifar, and senior officials of the Tehran Chamber of Commerce.

 

Email is required
Characters left: 500
Comment is required