Sacked Iran minister warns of energy 'catastrophe'

[TexasLawyer]

Source: Thomson Financial

Sacked Iran minister warns of energy 'catastrophe'
08.19.07, 3:23 PM ET

TEHRAN (Thomson Financial) - Iran's sacked oil minister has issued a parting warning to President Mahmoud Ahmadinejad, predicting a looming 'catastrophe' in the Iranian energy sector because of high consumption, media reported Sunday.

'If we do not find a solution to the energy problem in the next 15 years, the country will face a catastrophe,' Kazem Vaziri Hamaneh was quoted as saying at his farewell ceremony late on Saturday by the ISNA student news agency.

'I am ready to prove that if the fuel situation continues along current trends we will face an energy crisis in the future,' he said. 'The current pattern of consumption is a disaster for the country.' The comments by Vaziri Hamaneh, who also revealed for the first time that he was sacked in a cabinet reshuffle last week, are a stark warning about the energy problems of a country rich in natural resources.

Iran is OPEC's number two crude oil producer and is also pinning major hopes on its gas reserves, estimated to be the second largest proven reserves in the world after Russia. But frenzied consumption of petrol forces it to import millions of litres per day of refined oil to make up for a domestic shortfall. Wasteful heating methods also create gas shortages in winter.

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Read more: http://www.forbes.com/markets/feeds/afx/2007/08/19/afx4033657.html

[ohio2007]

1. he talks like a "spie"

The sacked oil minister has been working with and is under the spell of devils

/sarc

http://www.iranmania.com/News/ArticleView/Default.asp?NewsCode=46548&NewsKind=Current%20Affairs

It's not like this wasn't predicted a year ago

[elfin]

2. But if Iran takes over Iraq's wells...

their problems will be solved -- but not ours.

[Peace Patriot]

3. If Iran and the U.S. were spending our money on installing solar energy plants,

instead of being bullied by war profiteers and warmongers into spending it all on the militaries, maybe we could avert WW III.

Hm?