Insight
Iran's upstream industry: a vote for change?
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Hassan Rouhani's victory in the presidential election on 14 June could herald significant change for Iran's petroleum industry. Iran is one of the world's largest resource holders, but oil output is now buckling under the pressure of international sanctions and the effects of sustained under-investment. Oil production and exports have fallen to 2.7 million b/d and 1.1 million b/d respectively, their lowest levels in two decades. Rouhani has vowed to improve Iran's international relations...
Table of contents
- Executive Summary
- Victory for moderation
- An industry on its knees
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Looking to the future of Iran’s oil and gas industry
- A maturing oil province with huge gas potential
- Geographical advantages
- Something’s gotta change
Tables and charts
This report includes the following images and tables:
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Iran's historical crude production and the impact of sanctions since 2011Key economic metrics for three current buy-back contracts with international companiesAppendix A: Timeline of international sanctions on Iran (since 1995):
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Iran's top producing oil fieldsMajor undeveloped oil discoveries in IranMajor undeveloped gas discoveries in IranKey fields, infrastructure and exploration potential
What's included
This report contains:
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