Overview:

Summary
 
 This profile is the essential source for top-level energy industry data and information. The report provides an overview of the oil industry in Iran. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for the industry. It also provides information relating to the oil assets (oil fields, refineries, pipelines and storage terminals) in Iran. The report also analyses the fiscal regime relevant to the oil assets in Iran and compares the investment environment in Iran with other countries in the region. The profiles of the major companies operating in the oil sector in Iran together with the latest news and deals are also included in the report.
 
 Scope
 
 - Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for the oil industry for the period 1995-2020.
 - Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Iran Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 for the period 1995-2020.
 - Operator and equity details for major oil assets in Iran Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020
 - Key information relating to market regulations, key energy assets and the key companies operating in the Iran Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020’s oil industry.
 - Detailed information on key fiscal terms (such as rents, bonuses, royalty, cost recovery, profit oil, petroleum and corporate taxes) pertaining the geography is also provided. A sample calculation detailing how fiscal terms apply to a typical asset in the regime is included.
 - Information on the top companies in the Iran Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 including business description, strategic analysis, and financial information.
 - Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
 - Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.
 
 Reasons to buy
 
 - Gain a strong understanding of the country’s energy market.
 - Facilitate market analysis and forecasting of future industry trends.
 - Evaluate the attractiveness of the geography for oil investment in the light of government policies and the fiscal environment.
 - Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
 - Understand the geography’s policies and fiscal terms, and their impact on contractor’s profits from upstream oil assets.
 - Assess your competitor’s major crude oil assets and their performance.
 - Analyze the latest news and financial deals in the oil sector of each country.
 - Develop strategies based on the latest operational, financial, and regulatory events.
 - Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
 - Identify and analyze the strengths and weaknesses of the leading companies in the country.

 1 Table of Contents 2
 1.1 List of Tables 9
 1.2 List of Figures 11
 2 Iran Energy sector 12
 2.1 Iran Energy sector, Market Overview 12
 2.2 Iran Energy sector, Crude Oil 13
 2.2.1 Iran Crude Oil, Overview 13
 2.2.2 Iran Crude Oil, Supply and Demand Balance 13
 2.2.3 Iran Crude Oil, Regulatory Structure 19
 2.2.4 Iran Crude Oil, Infrastructure 20
 3 Iran Oil Upstream Investment Environment Benchmarking 21
 3.1 Introduction 21
 3.2 The Overall Ranking 21
 3.3 Upstream Fiscal Attractiveness 21
 3.4 Oil Sector Performance 23
 3.4.1 Exploration Activity 25
 3.4.2 Oil Production 26
 3.4.3 Oil Reserves 26
 3.4.4 Oil Consumption 27
 3.4.5 Refining Industry 27
 3.5 Economic Performance 27
 3.5.1 GDP Growth Index 29
 3.5.2 FDI Confidence Index 29
 3.5.3 Balance of Trade Index 30
 3.6 Socio-Political Performance 30
 3.6.1 Democracy Index 32
 3.6.2 Governance Index 32
 4 Iran (Islamic Republic of) Exploration and Production Sector 33
 4.1 Iran (Islamic Republic of) Exploration and Production Sector, Country Snapshot 33
 4.1.1 Iran (Islamic Republic of) Exploration and Production Sector, Key Data 33
 4.1.2 Iran (Islamic Republic of) Exploration and Production Sector, Crude Oil Assets Map 34
 4.2 Iran (Islamic Republic of) Exploration and Production Sector, Gross Crude Oil Production 35
 4.2.1 Iran (Islamic Republic of) Exploration and Production Sector, Gross Crude Oil-Historical Production 35
 4.2.2 Iran (Islamic Republic of) Exploration and Production Sector, Gross Crude Oil Production by Assets 36
 4.2.3 Iran (Islamic Republic of) Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 37
 4.2.4 Iran (Islamic Republic of) Exploration and Production Oil Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 39
 4.3 Iran (Islamic Republic of), Exploration and Production Sector, Gross Crude Oil Forecasts 41
 4.3.1 Iran (Islamic Republic of), Exploration and Production Sector, Gross Crude Oil Forecasted Production 41
 4.4 Iran (Islamic Republic of) Exploration And Production Sector, Crude Oil Asset Details 42
 4.4.1 Iran (Islamic Republic of) Exploration And Production Sector, Active Crude Oil Asset Details 42
 4.4.2 Iran (Islamic Republic of) Exploration And Production Sector, Planned Crude Oil Asset Details 43
 5 Iran (Islamic Republic of) Pipeline Sector 44
 5.1 Iran (Islamic Republic of) Pipeline Sector, Key Data 44
 5.2 Iran (Islamic Republic of) Pipeline Sector, an Overview 44
 5.3 Iran (Islamic Republic of) Pipeline Sector, Key Crude Oil Pipeline Companies 44
 5.4 Iran (Islamic Republic of) Pipeline Sector, Key Petroleum Product Pipeline Companies 45
 5.5 Iran (Islamic Republic of) Pipeline Sector, Crude Oil Pipelines 46
 5.6 Iran (Islamic Republic of) Pipeline Sector, Petroleum Product Pipelines 47
 6 Iran (Islamic Republic of), Refining Sector 48
 6.1 Iran (Islamic Republic of), Refining Sector, Key Data 48
 6.2 Iran (Islamic Republic of), Refining Sector, An Overview 48
 6.2.1 Iran (Islamic Republic of), Refining Sector, Total Refining Capacity 48
 6.3 Iran (Islamic Republic of), Refining Sector, Capacity- Wise Market Share by Company 49
 6.4 Iran (Islamic Republic of) Refining Sector, Crude Distillation Unit Capacity 50
 6.5 Iran (Islamic Republic of) Refining Sector, Coking Capacity 51
 6.6 Iran (Islamic Republic of) Refining Sector, Fluid Catalytic Cracking Capacity 51
 6.7 Iran (Islamic Republic of) Refining Sector, Hydrocracking Capacity 52
 7 Iran (Islamic Republic of) Oil and Chemicals Storage Sector 53
 7.1 Iran (Islamic Republic of) Oil and Chemicals Storage Sector, An Overview 53
 7.1.1 Iran (Islamic Republic of) Oil and Chemicals Storage Sector, Total Storage Capacity 53
 7.2 Iran (Islamic Republic of) Oil and Chemicals Storage Sector, Capacity- Wise Market Share by Company 54
 7.3 Iran (Islamic Republic of) Oil and Chemicals Storage Sector, Storage Capacity 55
 8 Profile of Total S.A. 56
 8.1 Total S.A., Key Information 56
 8.2 Total S.A., Company Overview 56
 8.3 Total S.A., Business Description 56
 8.3.1 Total S.A., Business Description, Business Overview 56
 8.3.2 Total S.A., Business Description, Chemicals 57
 8.3.3 Total S.A., Business Description, Downstream 58
 8.3.4 Total S.A., Business Description, Upstream 59
 8.3.5 Total S.A., Business Description, Major Products and Services 61
 8.4 Total S.A., Value Chain Analysis 63
 8.4.1 Total S.A., Value Chain Analysis, Upstream 63
 8.4.2 Total S.A., Value Chain Analysis, Midstream 64
 8.4.3 Total S.A., Value Chain Analysis, Downstream 65
 8.4.4 Total S.A., Value Chain Analysis, Retail 66
 8.5 Total S.A., SWOT Analysis 66
 8.5.1 Total S.A., SWOT Analysis, Overview 66
 8.5.2 Total S.A., SWOT Analysis, Strengths 67
 8.5.3 Total S.A., SWOT Analysis, Weaknesses 68
 8.5.4 Total S.A., SWOT Analysis, Opportunities 69
 8.5.5 Total S.A., SWOT Analysis, Threats 70
 8.6 Total S.A., Revenue Analysis 71
 8.6.1 Total S.A., Revenue by Segment 71
 8.6.2 Total S.A., Revenue by Geography 72
 8.7 Total S.A., Financial and Operational Review 73
 8.7.1 Financial Statements 73
 8.7.2 Financial Ratios 74
 9 Profile Of Eni S.p.A. 75
 9.1 Eni S.p.A., Key Facts 75
 9.2 Eni S.p.A., Company Overview 75
 9.3 Eni S.p.A., Business Description 75
 9.3.1 Eni S.p.A., Business Description, Business Overview 75
 9.3.2 Eni S.p.A., Business Description, Engineering and Construction 76
 9.3.3 Eni S.p.A., Business Description, Exploration & Production 77
 9.3.4 Eni S.p.A., Business Description, Gas & Power 78
 9.3.5 Eni S.p.A., Business Description, Others 80
 9.3.6 Eni S.p.A., Business Description, Petrochemicals 80
 9.3.7 Eni S.p.A., Business Description, Refining and Marketing 81
 9.4 Eni S.p.A., Value Chain Analysis 83
 9.4.1 Eni S.p.A., Value Chain Analysis, Upstream 83
 9.4.2 Eni S.p.A., Value Chain Analysis, Midstream 84
 9.4.3 Eni S.p.A., Value Chain Analysis, Downstream 85
 9.4.4 Eni S.p.A., Value Chain Analysis, Retail 86
 9.5 Eni S.p.A., SWOT Analysis 87
 9.5.1 Eni S.p.A., SWOT Analysis, Overview 87
 9.5.2 Eni S.p.A., SWOT Analysis, Strengths 88
 9.5.3 Eni S.p.A., SWOT Analysis, Weaknesses 89
 9.5.4 Eni S.p.A., SWOT Analysis, Opportunities 90
 9.5.5 Eni S.p.A., SWOT Analysis, Threats 92
 9.6 Eni S.p.A., Revenue Analysis 93
 9.6.1 Eni S.p.A., Revenue by Segment 93
 9.6.2 Eni S.p.A., Revenue by Geography 94
 9.7 Eni S.p.A., Financial and Operational Review 95
 9.7.1 Financial Statements 95
 9.7.2 Financial Ratios 96
 10 Profile of Royal Dutch Shell Plc 97
 10.1 Royal Dutch Shell Plc, Key Information 97
 10.2 Royal Dutch Shell Plc, Company Overview 97
 10.3 Royal Dutch Shell Plc, Business Description 97
 10.3.1 Royal Dutch Shell Plc, Business Description, Overview 97
 10.3.2 Royal Dutch Shell Plc, Business Description, Chemicals 98
 10.3.3 Royal Dutch Shell Plc, Business Description, Corporate and Others 99
 10.3.4 Royal Dutch Shell Plc, Business Description, Exploration and Production 99
 10.3.5 Royal Dutch Shell Plc, Business Description, Gas and Power 102
 10.3.6 Royal Dutch Shell Plc, Business Description, Oil Products 103
 10.3.7 Royal Dutch Shell Plc, Business Description, Oil Sands 105
 10.4 Royal Dutch Shell Plc, Value Chain Analysis 107
 10.4.1 Royal Dutch Shell Plc, Value Chain Analysis, Upstream 107
 10.4.2 Royal Dutch Shell Plc, Value Chain Analysis, Midstream 108
 10.4.3 Royal Dutch Shell Plc, Value Chain Analysis, Retail 109
 10.4.4 Royal Dutch Shell Plc, Value Chain Analysis, Power Generation 110
 10.4.5 Royal Dutch Shell Plc, Value Chain Analysis, Transformation 110
 10.5 Royal Dutch Shell Plc, SWOT Analysis 111
 10.5.1 Royal Dutch Shell Plc, SWOT Analysis, Overview 111
 10.5.2 Royal Dutch Shell Plc, SWOT Analysis, Strengths 112
 10.5.3 Royal Dutch Shell Plc, SWOT Analysis, Weaknesses 113
 10.5.4 Royal Dutch Shell Plc, SWOT Analysis, Opportunities 113
 10.5.5 Royal Dutch Shell Plc, SWOT Analysis, Threats 115
 10.6 Royal Dutch Shell Plc, Revenue Analysis 116
 10.6.1 Royal Dutch Shell Plc, Revenue by Segment 116
 10.6.2 Royal Dutch Shell Plc, Revenue by Geography 117
 10.7 Royal Dutch Shell plc, Financial and Operational Review 118
 10.7.1 Financial Statements 118
 10.7.2 Financial Ratios 119
 11 Financial Deals Landscape 120
 11.1 Detailed Deal Summary 120
 11.1.1 Acquisition 120
 11.1.2 Partnerships 121
 11.1.3 Asset Transactions 122
 12 Recent Developments 124
 12.1 License Awards 124
 12.1.1 Oct 28, 2008: BPC Being Granted Control Over Fahlian Oil Layer In Jufeyr Field, Iran 124
 12.1.2 Aug 09, 2008: Pertamina To Develop Iran's Laleh Oil Block 124
 12.1.3 Jul 13, 2008: Gazprom Signs Energy Cooperation Deal With Iran 125
 12.1.4 Jul 01, 2008: Indian Consortium May Receive Farsi Field Rights From Iran 125
 12.1.5 Jun 19, 2008: Amona Signs $1.5 Billion Contract With Iran 126
 12.2 Strategy and Business Expansion 126
 12.2.1 Feb 21, 2009: ICOFC And INOC Sign Energy Cooperation Agreement For Joint Border Oilfields 126
 12.2.2 Feb 18, 2009: NIOC To Sign Gas Deal Worth $5 Billon With Total 126
 12.2.3 Dec 31, 2008: Gazprom Still Interested In Developing Iranian Oil And Gas Fields 127
 12.2.4 Dec 16, 2008: NIORDC To Construct Seven Refineries In Iran 127
 12.2.5 Nov 12, 2008: NIOC And CNOOC Finalize Plan To Develop Iran's North Pars Gas Field 128
 12.3 Recent Discoveries 130
 12.3.1 Feb 07, 2009: IOOC Discovers New Oil Reserve At Farsi Field In Persian Gulf 130
 12.3.2 Dec 26, 2008: Iran Finds Oil Resources In Masjed Soleimanoilfield 131
 12.3.3 Aug 09, 2008: NIOC Announces Discovery Of Four New Oilfields In Iran 131
 12.4 Drilling and Production Updates 132
 12.4.1 Feb 13, 2009: Petrobras Provides Clarifications On Exploration In Iran 132
 12.4.2 Jan 03, 2009: Shazand Refinery’s Phase 2 To Boost Gasoline Production In 2010 132
 12.4.3 Jul 24, 2008: Crescent And Dana To Start Gas Production In Kurdistan Region 132
 12.5 Other Significant Developments 134
 12.5.1 Mar 20, 2009: Iran Oil Reserves Increase To 138 Billion Barrels 134
 12.5.2 Mar 19, 2009: Total Agrees To Continue With South Pars Development Project: Iran Oil Ministry Reports 135
 12.5.3 Mar 18, 2009: Iran Agrees To Output Quota Set By OPEC 136
 12.5.4 Mar 17, 2009: South Korea To Expand Ties With Iran 136
 12.5.5 Mar 16, 2009: Iran, Russia To Develop Cooperation In Oil And Gas Sectors 137
 13 Appendix 138
 13.1 Methodology 138
 13.1.1 Coverage 138
 13.1.2 Secondary Research 139
 13.1.3 Primary Research 139
 13.1.4 E&P Forecasts 140
 13.1.5 Midstream Forecasts 142
 13.1.6 Expert Panel Validation 142
 13.2 Contact Us 142
 13.3 About GlobalData 142
 13.4 Disclaimer 142
 
 1.1 List of Tables
 Table 1: Iran (Islamic Republic Of), Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020 14
 Table 2: Iran (Islamic Republic Of), Historical and Forecasted Exports of Crude Oil, 1996-2020 16
 Table 3: Iran (Islamic Republic Of), Historical Reserves of Crude Oil, 1996-2008 18
 Table 4: Middle East, Investment Benchmarking, Overall Country Rankings, 2008 21
 Table 5: Middle East, Investment Benchmarking, Oil Sector Performance, 2008 23
 Table 6: Middle East, Investment Benchmarking, Economic Performance, 2008 28
 Table 7: Middle East, Country Standings, Economic Performance, 2008 28
 Table 8: Middle East, Investment Benchmarking, Socio-Political Performance, 2008 30
 Table 9: Middle East, Country Standings, Socio-Political Performance, 2008 31
 Table 10: Iran (Islamic Republic of), Crude Oil Key Statistics, 2008 33
 Table 11: Iran (Islamic Republic of), Total Gross Crude Oil Production (MMBBLs), 2001-2008 35
 Table 12: Iran (Islamic Republic of), Gross Crude Oil Production (MMBBLs), by Assets, 2001-2008 36
 Table 13: Iran (Islamic Republic of), Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2001-2008 37
 Table 14: Iran (Islamic Republic of), Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2001-2008 39
 Table 15: Iran (Islamic Republic of), Gross Crude Oil Production (MMBBLs), Forecast by Assets, 2009-2014 41
 Table 16: Iran (Islamic Republic of), Active Oil Field Assets Details 42
 Table 17: Iran (Islamic Republic of), Planned Oil Field Assets Details 43
 Table 18: Iran (Islamic Republic of), Pipeline Key Statistics, 2008 44
 Table 19: Iran (Islamic Republic of), Crude Oil Pipeline Length by Company (Km), 2008 44
 Table 20: Iran (Islamic Republic of), Petroleum Product Pipeline Length by Company (Km), 2008 45
 Table 21: Iran (Islamic Republic of), Crude Oil Pipelines, 2008 46
 Table 22: Iran (Islamic Republic of), Petroleum Product Pipelines, 2008 47
 Table 23: Iran (Islamic Republic of), Refinery Key Statistics, 2008 48
 Table 24: Iran (Islamic Republic of), Total Refining Capacity (MMTPA), 2000- 2013 48
 Table 25: Iran (Islamic Republic of), Refining Capacity Company-wise (MMTPA), 2000-2013 49
 Table 26: Iran (Islamic Republic of), Crude Distillation Unit Capacity (MMTPA), 2000-2013 50
 Table 27: Iran (Islamic Republic of), Coking Unit Capacity In Iran (MMTPA), 2000-2013 51
 Table 28: Iran (Islamic Republic of), Fluid Catalytic Cracking Unit Capacity In Iran (MMTPA), 2000-2013 51
 Table 29: Iran (Islamic Republic of), Hydrocracking Unit Capacity In Iran (MMTPA), 2000-2013 52
 Table 30: Iran (Islamic Republic of), Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013 53
 Table 31: Iran (Islamic Republic of), Oil and Chemicals Storage Capacity Company-wise (Thousand M3), 2000-2013 54
 Table 32: Iran (Islamic Republic of), Oil and Chemicals Storage Capacity (Thousand M3), 2000-2013 55
 Table 33: TOTAL S.A., Key Facts 56
 Table 34: TOTAL S.A., SWOT Analysis 67
 Table 35: TOTAL S.A., Revenue by Segment, Euro Million, 2003-2007 71
 Table 36: TOTAL S.A., Revenue by Geography, Euro Million, 2003-2007 72
 Table 37: TOTAL S.A., Financial Statements, Euro Million, 2003-2007 73
 Table 38: TOTAL S.A., Financial Ratios, Euro Million, 2003-2007 74
 Table 39: Eni S.p.A., Key Facts 75
 Table 40: Eni S.p.A., SWOT Analysis 87
 Table 41: Eni S.p.A., Revenue by Segment, Euro Million, 2003-2007 94
 Table 42: Eni S.p.A., Revenue by Geography, Euro Million, 2003-2007 95
 Table 43: Eni S.p.A., Financial Statements, Euro Million, 2003-2007 95
 Table 44: Eni S.p.A., Financial Ratios, Euro Million, 2003-2007 96
 Table 45: Royal Dutch Shell plc, Key Facts 97
 Table 46: Royal Dutch Shell plc, SWOT Analysis 112
 Table 47: Royal Dutch Shell plc, Revenue by Segment, USD Million, 2003-2007 117
 Table 48: Royal Dutch Shell plc, Revenue by Geography, USD Million, 2003-2007 118
 Table 49: Royal Dutch Shell plc, Financial Statements, USD Million, 2003-2007 118
 Table 50: Royal Dutch Shell plc, Financial Ratios, USD Million, 2003-2007 119
 Table 51: Dana Energy Acquires Petroiran From National Iranian Oil 120
 Table 52: OAO Gazprom To Enter Into Partnership With NIOC 121
 Table 53: ONGC Videsh To Acquire Stake In Kish Gas Block From Petropars 122
 Table 54: Hinduja And ONGC Videsh To Acquire Stakes In Oil and Gas Fields From Naft Iran Intertrade 123
 
 1.2 List of Figures
 Figure 1: Iran (Islamic Republic Of), Energy Sector break-up, 2008 13
 Figure 2: Iran (Islamic Republic Of), Crude Oil Production And Consumption (Thousand Barrels Per Day), 1996-2020 15
 Figure 3: Iran (Islamic Republic Of), Crude Oil Exports (Thousand Barrels Per Day 1996-2020 17
 Figure 4: Iran (Islamic Republic Of), Crude Oil Reserves (Million Barrels), 1996-2008 19
 Figure 5: Middle East, Country Standings, Oil Sector Performance, by Reserves-Exploration & Production, 2008 24
 Figure 6: Middle East, Country Standings, Oil Sector Performance, by Production-Consumption & Refining, 2008 25
 Figure 7: Middle East, Country Standings, Exploration Blocks Awarded, 2008 26
 Figure 8: Middle East, Country Standings, Economic Performance, 2008 29
 Figure 9: Middle East, Country Standings, Socio-Political Performance, 2008 31
 Figure 10: Iran (Islamic Republic of), Crude Oil Assets Map, 2008 34
 Figure 11: Iran (Islamic Republic of), Total Gross Crude Oil Production (MMBBLs), 2001-2008 35
 Figure 12: Iran (Islamic Republic of), Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2001-2008 38
 Figure 13: Iran (Islamic Republic of), Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2008 40
 Figure 14: Iran (Islamic Republic of), Total Refining Capacity (MMTPA), 2000- 2013 49
 Figure 15: Iran (Islamic Republic of), Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013 53
 Figure 16: Iran (Islamic Republic of), Oil and Chemicals Storage Capacity Company-wise (Thousand M3), 2000-2013 54
 Figure 17: TOTAL S.A., Value Chain Analysis 63
 Figure 18: Eni S.p.A., Value Chain Analysis 83
 Figure 19: Royal Dutch Shell plc, Value Chain Analysis 107
 Figure 20: GlobalData Methodology 138