Removal of Iran sanctions: implications for the oil and gas industry - Abridged

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Report summary

A final agreement on Iran s nuclear programme is due on 30 June 2015. An accord could lead to the lifting of sanctions on the country s oil and gas industry and to the unveiling of new fiscal terms.Iran has huge potential: as the third largest remaining reserves holder in the world the country could become a key source of global oil supply after 2020. However its oil and gas industry is in need of significant external investment. This presents a golden opportunity for IOCs and NOCs.

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    Removal of Iran sanctions ABRIDGED VERSION June 2015.pdf

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