Iran Oil & Gas Production Capacity (2005-2016)
Sustainable crude oil and gas production is a vital element in Iran's economic cycle. Iran's oil and gas production has seen ups and downs from 2005 to 2016, which are manifested in this infographics.
Oil Production Capacity Trend
2005-2008: Over 4 mb/d
Reason for Stable Output: Implementation of oil field development contracts signed by the 7th and 8th administrations
2009-2011: 3.9 mb/d
Reason for Output Decline: Halt in new oil field development projects
2012-2015: 2.8 mb/d
Reason for Output Decline: Halt in new oil field development projects, production decline in some oil fields and international sanctions imposed on Iran's petroleum industry
2016: 3.7 mb/d
Reason for Output Hike: Nuclear deal, removal of sanctions, JCPOA implementation, 11th Administration's Ministry of Petroleum's effective oil production policies
Note: This enhanced production is only from onshore fields.
Gas Production Capacity Trend
2005: 436 mcm/d
2012: 622 mcm/d
2016: 780 mcm/d
Over 100 mcm/d output hike from 2013 to 2016
Main Gas Production Facility: South Pars gas field (startup of phases 12, 15&16, 17&18, 19&20, 21)
Reason for Output Hike amid Sanctions: 11th Administration's Ministry of Petroleum prioritization of phase development, nuclear deal and JCPOA implementation