Iran has an estimated 1,200 trillion cubic feet (TCF) proven natural gas reserves that is 16% of the world’s gas reserves and almost half of OPEC’s. It also holds some of the world’s largest deposits of proven oil ranking as the world’s 4th with the largest reserves of oil.
In addition to the abundance of fossil energy resources, Iran has a significant potential in renewable energies, including water, solar, wind, biomass and geothermal resources.
So let's go over the investment opportunities in Iran's tremendous crude oil and gas resources:
• Discovering, producing and exploiting oil and other hydrocarbon products;
• Discovering unconventional reserves such as oil, gas and gas hydrates’ shales;
• Developing and equipping oilfields and using up-to-date technologies to enhance the efficiency of these sites;
• Increasing extraction capacity from joint oilfields to reach a maximum rate;
• Building and equipping oil and oil derivatives’ storage tanks;
• Processing oil to generate and sell oil products;
• Improving the quality and quantity of refinery products with an aim to reach the maximum value-added by means of enhanced technology and producing a final product with up-todate standards;
• Establishing companies to produce equipment that are needed for running refineries such as turbines, compressors, etc.;
• Building refineries and completing unfinished projects and exporting oil products.
Gas:
• Increasing extraction capacity from joint gas fields to reach a maximum rate;
• Producing and refining natural gas Transferring gas through initiating pipeline construction projects;
• Stockpiling gas;
• Supplying, distributing and exporting natural gas.
With regard to renewable energies, these areas can be explored:
• Updating distribution and transfer networks and replacing them with modern and standard ones.
• Initiating solar power, wind power and hydropower refineries;
• Developing optimized technologies for supply and distribution of energy;
• Generating energy and compost from urban waste.
In-dept details on the incentives and exemptions can be found at:
https://cic.tccim.ir/persian/files/Energy-EN.pdf