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South Africa and Iran share good trade relations, with South African exports increasing by 7 percent from $1.4 billion in 2006 to $1.5 billion in 2007, and imports from Iran, mostly crude oil, increasing by 13.5 percent from $18.3 billion in 2006 to $20.8 billion in 2007. [2]
A drop in oil production in the wake of the Iranian revolution led to an energy crisis in 1979. Although the global oil supply only decreased by approximately four percent, [2] the oil markets' reaction raised the price of crude oil drastically over the next 12 months, more than doubling it to $39.50 per barrel ($248/m 3).
Energy policy sometimes dominates and sometimes is dominated by other government policies. For example energy policy may dominate, supplying free coal to poor families and schools thus supporting social policy, [6] but thus causing air pollution and so impeding heath policy and environmental policy.
The Energy Charter's involvement in matters of energy efficiency and its relation to a cleaner environment was introduced in the 1991 European Energy Charter. The subsequent Energy Charter Treaty, and in particular Article 19 of the treaty, requires that each Contracting Party "... shall strive to minimise in an economically efficient manner ...
National Council for Energy Policy; Nationalization of oil supplies; Natural Gas Policy Act of 1978; Net metering in New Mexico; New Energy and Industrial Technology Development Organization; Non-Nuclear Futures; Nuclear fuel bank
Energy in Iran is characterized by vast reserves of fossil fuels, positioning the country as a global energy powerhouse. Iran holds the world's third-largest proved oil reserves and the second-largest natural gas reserves as of 2021, accounting for 24% of the Middle East 's oil reserves and 12% of the global total.
South Africa has a large energy sector, being the third-largest economy in Africa. The country consumed 227 TWh of electricity in 2018. [1] The vast majority of South Africa's electricity was produced from coal, with the fuel responsible for 88% of production in 2017. [2] South Africa is the 7th largest coal producer in the world. [2]
The Energy Commission is one of the Expert commissions of the Islamic Consultative Assembly of Iran. The Iranian Parliament Committee on Energy (Persian: کمیسیون انرژی مجلس شورای اسلامی), or Energy Committee is a standing committee of the Islamic Consultative Assembly of Representatives.