The Future of Iran’s Oil and Gas Industry

26 Pages Posted: 23 Oct 2018

See all articles by Edward Chow

Edward Chow

Center for Strategic and International Studies (CSIS)

Cyrus Ashayeri

Independent

Andrew J. Stanley

Independent

Date Written: October 19, 2018

Abstract

Iran holds the largest combined oil and natural gas reserves in the world. Proximity and access to major energy demand centers make Iran a major player in global energy supply. However, the country’s isolation and the absence of investments by international companies in its oil and gas industry have hindered development and led to a lack of understanding of Iran’s potential capability. From a geological standpoint, Iran has prime development opportunities and the government has expansive development plans for its industry, which includes both green fields in the Arvandan region, as well as opportunities to implement improved oil recovery (IOR)/enhanced oil recovery (EOR) techniques to increase recovery rates for the giant fields in the Khuzestan Province and offshore Persian Gulf.

Suggested Citation

Chow, Edward and Ashayeri, Cyrus and Stanley, Andrew J., The Future of Iran’s Oil and Gas Industry (October 19, 2018). USAEE Working Paper No. 18-364. Available at SSRN: https://ssrn.com/abstract=3269898 or http://dx.doi.org/10.2139/ssrn.3269898

Edward Chow (Contact Author)

Center for Strategic and International Studies (CSIS) ( email )

Washington, DC
United States

Cyrus Ashayeri

Independent

No Address Available

Andrew J. Stanley

Independent

No Address Available

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