Long decline in oil sector means shrinking role for Iranian supply in 'new world order'

The once-prosperous oil and gas industry of Iran has suffered great setbacks since 1979. Prior to the revolution, Iran, with oil production of 5.8 million b/d, a potential capacity of 6.3 million b/d, and an export potential of 5.4 million b/d, was the second largest oil exporter and the fourth largest oil producer in the world.The stability and the political and economic power of Iran was fully recognized by the world and certainly by all members of the Organization of Petroleum Exporting Countries, in particular by her neighbors in the greater Persian Gulf area. Iran enjoyed a striking position of leadership and great influence in the decision-making processes of OPEC. No major policy w...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected