The Oil & Gas Year Iran 2018


Following the global success of TOGY’s inaugural Iran edition, The Oil & Gas Year is proud to introduce a second edition of the report for 2018, highlighting updates in Iran’s hydrocarbons industry through exclusive interviews with top Iranian state and private actors, exhaustive and thorough infographics, pull-out maps and market analysis across different sectors.

The book features top policy-makers from Iran’s governmental sector such as H.E. Bijan Namdar Zangeneh, minister of petroleum; H.E. Ali Kardor, managing director of the National Iranian Oil Company; H.E. Hamid Reza Araghi, managing director of National Iranian Gas Company; H.E. Reza Nourozzadeh, president and chairman of the National Petrochemical Company; and H.E. Amir Hossein Zamaninia, deputy minister for trade and international affairs at the Ministry of Petroleum. From the private sector, TOGY Iran 2018 features key players such as Mehdi Mirmoezi, CEO and vice-president of Pasargad Energy Development Company; Hamid Akbary, managing director of Petropars; Mojtaba Gharavi, CEO of MAPNA Group’s Oil & Gas Division; Mohammad Iravani, chairman and CEO of Dana Energy; and Behzad Mohammadi, managing director of Oil Industries Engineering and Construction.

After the removal of sanctions in January 2016, the Iranian government formalised the Iran Petroleum Contract (IPC) and since then, the local market has witnessed a steady increase in the presence of IOCs in major negotiations. As a result, important development and manufacturing deals have been signed and the long-anticipated South Pars phase 11 project was awarded as an IPC to a Total-led consortium on July 3, 2017.

Momentum has continued in 2018 as a further two IPCs have been signed, in contracts involving TOGY interviewees Pasargad Energy Development Company and Dana Energy, both of whom offered exclusive commentary on the deals’ significance.

Meanwhile, after pushing through sanctions and managing to increase production, Iran’s petrochemicals sector is looking at exponential growth post-JCPOA. The National Petrochemical Company has set its sights on propelling output capacity to 72 million tonnes per year by the end of 2018, and significant investment is in the works for four petrochemicals hubs.

As Iran aims to further grow its oil and gas production, as well as to revitalise its ageing downstream facilities, more contracts with local and international developers and operators are to come, positioning the market as a leader in the international energy community once again.



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