Insight
Iran's upstream industry: a vote for change?
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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...
What's included
This report contains
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 7 images and tables including:
Images
- Iran's historical crude production and the impact of sanctions since 2011
- Appendix A: Timeline of international sanctions on Iran (since 1995):
- Key fields, infrastructure and exploration potential
Tables
- Key economic metrics for three current buy-back contracts with international companies
- Iran's top producing oil fields
- Major undeveloped oil discoveries in Iran
- Major undeveloped gas discoveries in Iran
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