Financial Tribune - Energy consumption and wastage have overtaken production and supply and Iran could become an energy importer despite its abundant energy resources, managing director of the Industrial Management Institute said.

"Optimal energy use, employing new technologies as well as reforming consumption patterns must be the priority," Abolfazl Kiani Bakhtiari was quoted as saying by ISNA.

Referring to the energy crisis unfolding in the country due to amazingly high consumption, he noted that academia, environmentalists, climatologists, experts, policymakers and executive bodies should join hands before it is too late.