Market Report, "Iran Oil & Gas Report Q3 2012", Published
BMI View: Sanctions on the country are now beginning to bite, with a resultant fall in oil export volumes and revenues. Gas export schemes and refinery expansion projects will make little progress as international oil company (IOC) partners heed the investment embargo, so the overall outlook will continue to deteriorate without a breakthrough in the nuclear stalemate. Meanwhile, Iran is claiming a succession of major oil and gas discoveries that, if proven, demonstrate considerable upside potential to its existing resource...
View full press release