Oil & Iran's Nuclear Programme

19 Pages Posted: 29 Dec 2009

See all articles by Mamdouh G. Salameh

Mamdouh G. Salameh

Oil Market Consultancy Service / ESCP Europe Business School, London

Date Written: December 28, 2009

Abstract

For a country with supposedly the third largest proven crude oil reserves in the world and the fifth largest oil exporter, the prospect of ceasing to be a major oil exporter by 2015 might seem like a nightmare scenario. Yet, already Iran is looking at the future of its oil industry with mounting trepidation. In the face of steadily declining production capabilities of its major onshore oilfields, deteriorating well reservoirs from past over-production, fast-rising domestic consumption and shortage of reserves and investment funds, Iran is under mounting pressure to remedy the situation if it is to avoid being relegated to the ranks of small oil exporters by 2015.

Suggested Citation

Salameh, Mamdouh G., Oil & Iran's Nuclear Programme (December 28, 2009). USAEE Working Paper No. 09-036, Available at SSRN: https://ssrn.com/abstract=1529103 or http://dx.doi.org/10.2139/ssrn.1529103

Mamdouh G. Salameh (Contact Author)

Oil Market Consultancy Service / ESCP Europe Business School, London ( email )

Spring Croft, Sturt Avenue
Haslemere
Surrey, GU27 3SJ
United Kingdom

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