Insight
| |
5 Pages

How much oil will Iran export in 2016?


How much oil will Iran export in 2016?

Report summary

Following the lifting of most economic sanctions in January 2016, Iran is now able to increase its oil production and exports to previous levels of 3.8 million b/d and 2.2 million b/d. The National Iranian Oil Company is determined to regain its lost market share, and will target both Asian and European customers. As a result, we do not expect the country to consider freezing production until it reaches full production capacity.

Exports levels have increased significantly, but not as fast as many expected. The US primary sanctions, which remain in place, still present a challenge for companies trying to re-engage with Iran. Meanwhile, we believe fears over the country’s floating storage have been overstated.

What's included?

This report includes 1 file(s)

  • How much oil will Iran export in 2016? PDF - 283.29 KB 5 Pages, 0 Tables, 3 Figures

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Introduction
  • Iranian crude exports were heavily impacted by sanctions
  • Iran is pursuing a market share strategy
  • Are fears over Iranian crude in storage overstated?
  • Crude exports have increased, but not as fast as many expected
  • No apparent production bottleneck

In this report there are 3 tables or charts, including:

  • Introduction
  • Iranian crude exports were heavily impacted by sanctions
  • Iran is pursuing a market share strategy
    • Iran has lost market share in the last 5 years
  • Are fears over Iranian crude in storage overstated?
    • South Pars condensate production (2002-2018)
  • Crude exports have increased, but not as fast as many expected
    • Main importers of Iranian crude oil
  • No apparent production bottleneck
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.