Market Report, "Iran Oil & Gas Report Q3 2016", published


Recently published research from Business Monitor International, "Iran Oil & Gas Report Q3 2016", is now available at Fast Market Research



[ClickPress, Tue May 24 2016] Gas production and consumption will see a substantial ramp-up in 2016 due to new phases of South Pars increasing gas availability. The lifting of sanctions in January 2016 will allow for oil production to increa se by around 7 00,000b/d by year- end. New refining capacity will eradicate net fuels imports from 2017.We highlight the following trends and developments in Iran's oil and gas sector:The government has reportedly approved a version of the Iranian Petroleum Contract, though it must still be processed by a commission - the final draft of the IPC is expected in June or July.According to our estimates compile from import agencies, Iranian crude exports reached 1.7mn b/d in March.In our view Iran will be able to increase oil production to up to 700,000b/d, adding an average of 445,000b/d over 2016.Phases 17 and 18 of South Pars are due to be inaugurated in late May 2016, adding another 18bcm of gas production capacity.Phases 17 and 18 of South Pars will also add 80,000b/d of condensate production.The Persian Gulf Star refinery was reportedly 86% complete in January 2016, and the first phase of 120,000b/d is due to be completed by the end of the year.Upgrades at the Pars Shiraz, Tabriz, Bandar Abbas and Lavan refineries are being discussed.Iran remains an importer of gasoline and exporter of diesel.Progress on the Iran-Oman gas pipeline could lead to a front-end engineering design contract in H216; KOGAS has been linked with its construction.

Full Report Details at
- http://www.fastmr.com/prod/1172846_iran_oil_gas_report_q3_2016.aspx?afid=301

The Iran Oil & Gas Report has been researched at source and features BMI Research's independent forecasts for Iran including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Iran Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Iranian oil and gas industry.

Key Benefits
Benchmark BMI's independent oil and gas industry forecasts for Iran to test consensus views - a key input for successful budgeting and strategic business planning in the Iranian oil and gas market.
Target business opportunities and risks in the Iranian oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Iran.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

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