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Thursday, 10 October 2013

Iran Oil and Gas Report Q4 2013:Energy & Power Market Research Reports

Energy & Power Market Research Reports
 
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Iran Oil and Gas Report Q4 2013
Oct 9th 2013, 00:00, by swapnil

BMI View: Further sanctions and continued cutbacks by key Iranian customers reinforce the negative outlook for Iran’s oil sector. With limited prospects for a positive resolution of sanctions in the near term, we highlight both the short- and possible long-term downside risks confronting the Iranian oil sector as international isolation continues. Indeed, gas export schemes and refinery expansion projects will make little progress as international oil company partners heed the investment embargo. Meanwhile, Iran is claiming a succession of major oil and gas discoveries that, if proven, demonstrate considerable upside potential to its existing resource base. In a bid to …

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