Iran’s Oil & Gas Industries

Iran's oil and gas industry is a vital component of the country's economy, serving as a significant source of revenue and employment. With one of the world's largest reserves of oil and natural gas, Iran possesses considerable potential for energy production and export. The National Iranian Oil Company (NIOC) dominates the industry, which oversees exploration, extraction, and refining activities. Iran's oil and gas sector has faced various challenges over the years, including economic sanctions limiting its access to international markets. However, with the lifting of some sanctions in recent years, Iran has been able to attract foreign investments and revive its industry. The country aims to increase its oil production capacity and expand its natural gas infrastructure to meet domestic demand and enhance its position as a global energy player. Additionally, Iran is actively exploring renewable energy sources to diversify its energy mix and reduce its reliance on fossil fuels. Overall, Iran's oil and gas industry plays a crucial role in the country's economy and continues to evolve in response to both domestic and international factors.

Table of Contents

Oil Industry

  • Oil fields and volume of oil reserves
  • Production
  1. Number of oil production wells in the five most prominent OPEC members
  2. Estimates of production per well
  3. Production at onshore and offshore fields
  • Consumption
  1. Consumption rate and capacity of Iranian crude oil refining
  2. Status of Iranian refineries in terms of type, number, and the technologies adopted
  3. An overview of development projects and new refining projects in Iran
  4. Iranian refining model versus the global model
  • Iranian oil and gas contracts
  1. The new generation of oil contracts (IPC)
  • Investment opportunities in the Iranian oil industry
  1. Investments made by foreign companies in the Iranian oil industry over the past 15 years
  2. Essential investments to be made in the Iranian oil industry over the post-sanctions era
  3. Investment Opportunities in the Iranian Oil Industry

    Gas Industry

  • Exploration and reserves
  • Production
  1. Natural gas production rates in different periods
  2. Main gas production areas in Iran
  3. South Pars
  • Consumption
  1.  Natural gas consumption in various sectors
  • Gas injection into oil fields
  • Recovery of associated gases
  • Natural gas storage
  • Natural gas trade balance (exports and imports)
  1. Gas imports and import routes
  2. Gas exports and export routes (Turkey, Armenia and Azerbaijan as current importers of natural gas from Iran)
  • Projects in progress and potential projects to expand gas exports
  1. Iran-Pakistan-India (IPI)
  2. Iran-Iraq
  3. Iran-Oman
  4. Iran-Europe
  5. Iran-Kuwait
  6. Iran-UAE
  • Petroleum contracts and international companies involved in the gas sector

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