INTIEAIslamic Republic of Iran · Payment of benefit of conserving fossil fuelsPolicyIn force

Payment of benefit of conserving fossil fuels

To all ministries, especially oil and energy and subsidiaries and their affiliated organizations and public institutions and all title holders and row in the rules allowed an annual budget of up to one hundred billion dollars each year on currency five hundred thousand billion…

Last changed 9 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Islamic Republic of Iran · Year: 2015 · Status: In force · Level: National · Type: Voluntary

To all ministries, especially oil and energy and subsidiaries and their affiliated organizations and public institutions and all title holders and row in the rules allowed an annual budget of up to one hundred billion dollars each year on currency five hundred thousand billion as up to last year's inflation adjusted, in the following paragraphs (B and C) of this Article, investment or legal action by foreign or domestic individuals or cooperatives, with priority for the private sector to produce, export, quality improvement, cost savings or reduction in the production of goods or service and the time and improve the quality of environment environmental or casualty reduction leads for oil, gas, condensate and oil products and goods and services to export or import to export prices or foreign exchange rates on the open market or quantification of the public rights and duties, including legal and other costs incurred and for other cases the prices of non-subsidized public rights and duties, including legal and other costs incurred to contract.

The administration is undertaken:

1) Goods or services produced or savings and benefits resulting value as the case of income, savings, benefits or value derived purchase.

2) lnvestment and public rights and legal effects of principal and interest and other expenses incurred or benefits paid to them under this article shall apply.

lf you meet all or part of the resources needed to run 1 and 2 of the national budget, the swap agreement with the Management and Planning Organization, acting through the national treasury.

Paragraph B-Plans for energy efficiency in different sectors, including the oil industry, with priority on the energy industry and the rail and suburban public transport and buildings, the development of renewable energy, the use of compressed natural gas or liquid or liquefied gas with priority in large cities and the main roads between cities, production or replacing fuel-efficient vehicles and electric or gas-guzzling cars and wear and reduce the cost of freight and passengers and reduce demurrage (late loss) designs ships and rail, road, sea, air, including infrastructure and transportation, projects to reduce greenhouse gases leads, machinery and production units in agriculture.

Paragraph C-Plant construction projects is with efficiency, high power output, thermal efficiency, resulting in increased thermal efficiency, priority player installed steam power cycle (cycle) combines both a combination of electricity and heat (CPH) and combined electricity, heat and cold (CCPH) and small scale generation (DG) development of renewable energy, energy loss reduction generation, transmission and distribution, optimization and savings in power consumption and energy, electrification of agricultural wells using this new energy sources, including solar energy, replacing the power consumption instead of gas or petroleum products in areas that are economically justified and increase the share of export and transit of electricity, gas and fuel to produce electricity from waste plants.

Official source: http://rc.majlis.ir

Source

https://www.iea.org/policies/6460

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45339NewsIn force

Egypt’s LNG Comeback Is Set to Start in Cyprus

Egypt’s gas sector is running short of domestic gas just as Cyprus prepares to become a producer. The recently approved Cronos project offshore Cyprus (expected to deliver up to 2.8 million tonnes per year of LNG from 2028) offers a three-way bargain. Cyprus gains an export route it cannot economically build alone; Egypt secures feedstock for infrastructure increasingly constrained by falling domestic production, and Europe gains another non-Russian source. The logic is compelling, but technical, commercial and geopolitical risks could still…

23 hours ago
INTEnergy Newsoilprice:oilprice-article-45338NewsIn force

East Africa’s Oil Rivalry Spurs Multi-Billion-Dollar Projects Across The Region

Last month, we reported that Nigerian billionaire and Africa’s richest man, Aliko Dangote, has agreed to build a $17 billion (Ksh2.2 trillion), 700,000-barrel-per-day refinery on Kenya’s Lamu Island that would process crude not only for Kenya but also its neighbors such as Uganda, Rwanda, Burundi, South Sudan and the DRC. The giant refinery--Africa’s second largest refinery behind only Nigeria’s Dangote refinery--would easily exceed East Africa’s current refined fuel demand of roughly 450,000 bpd, leaving room to supply…

1 day ago
INTEnergy Newsoilprice:oilprice-article-45337NewsIn force

DoE Begins Tests for Fracked Geothermal

The Trump administration is no friend of wind and solar. Axed subsidies and project suspensions have been the attitude towards those alternative forms of energy. Geothermal, however, is something else. The current Department of Energy is very much for it. In fact, it is so much for it that it funded an experiment that would show whether fracking technology could be used to generate geothermal anywhere in the world. Geothermal energy is, simply put, heat. It is heat that is generated from the decay of radioactive elements in the planet’s mantle.…

1 day ago
INTEnergy Newsoilprice:oilprice-article-45336NewsIn force

Europe Heads Into Winter With Gas Storage at a Two-Decade Low

Europe is heading for the winter with one of the lowest levels of gas in storage in the past two decades as the war in the Middle East crippled LNG supply from Qatar, sent gas and LNG prices in Europe and Asia skyrocketing, and intensified competition for the shrunk pool of readily available global LNG cargoes. A perfect storm of elevated demand for filling depleted storage and electricity during the summer heatwaves, and slashed global LNG supply with Qatar’s cargoes trapped behind the Strait of Hormuz have pushed European benchmark prices…

1 day ago
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_rises_as_iran_deal_hopes_fade-27-aug-2026-184478-article/?rss=trueNewsIn force

Oil Rises as Iran Deal Hopes Fade

Oil rose as doubts grew over a broader US-Iran agreement.

1 day ago