High Quality Content by WIKIPEDIA articles! Energy resources in Iran consist of the fourth largest oil reserves and the second largest natural gas reserves in the world.Iran is an energy superpower. Iran is in a constant battle to use its energy resources more effectively in the face of subsidization and the need for technological advances in energy exploration and production. Energy wastage in Iran amounts to six or seven billion dollars (2008). The energy consumption in the country is extraordinarily higher than international standards. Iran recycles 28 percent of its used oil and gas whereas the figure for certain countries stands at 60 percent. Iran paid $84 billion in subsidies for oil, gas and electricity in 2008. Iran is one of the most energy intensive countries of the world with per capita energy consumption 15 times that of Japan and 10 times that of European Union. Also due to huge energy subsidies, Iran is one of the most energy inefficient countries of the world, with the...

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