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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...
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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.
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Insight | Jul 2013
Iran's upstream industry: a vote for change?
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