1. National Iranian Oil Company
Ahmad Ghalebani
Deputy Minister of Petroleum of The Islamic Republic of Iran
and Managing Director of N.I.O.C.
June 2012

2. Iran Oil and Gas Reserves
Oil Reserve : 155 Billion Barrels
Gas Reserve : 33.1 Trillion Cubic Meters
Equivalent Oil :
358 Billion Barrels

3. NIOC Discovery in Caspian Sea
Initial Estimation of Reserves :
50 TCF of Gas
10 Billion Barrels of Oil
Amir Kabir semi-submersible drilling rig

4. Projection for Crude Oil Production

5. Projection for Gas Production

6. Injections to Fields Injection Gas Water 2011 2012 2013 2014 2015 195
Gas: MMcm/d
Water: Mbbl/d
Injection
2011
2012
2013
2014
2015
Gas
195
203
204
205
218
Water
567
595
575

7. NIOC Investment Outlook (2011-2015)
Billions US$
Grand Total
Gas
Oil
Sources
49.7
22.1
27.6
Internal financial sources (NIOC own investment)
66.7
39.4
27.3
Buy Back & Finance
61.5
37.1
24.4
Other Sources
177.9
98.6
79.3
Total

8. Investment Opportunities with NIOC
Buyback, Finance and EPCF
No.
Investment Category 1
Development of shared (with neighboring countries) oil and gas fields 2
Development of small size reservoirs and fields 3
Investment for early production from mid size reservoirs and fields 4
Exploration Blocks 5
Gathering, pressure maintenance and gas injection stations 6
Construction of new and renovating of existing dehydration units 7
Building gas production and refinery facilities 8
Optimization of oil fields surface facilities 9
Seismic acquisition projects

9. Investment Opportunities with NIOC
Buyback, Finance and EPCF
No.
Investment Category 10
Optimization of gas units performance 11
Renovation of fields production facilities 12
Crude oil export pipelines and pumps 13
Building crude oil storage tanks 14
LNG and gas sweetening projects 15
Renovation of North storage terminal facilities

10. Interested Area of Cooperation
With Russian Oil and Gas Companies
Investment on NIOC Exploration, Development and Production Operations
Manufacturing of Oil and Gas Equipment
Oil and Gas Design and Engineering Services
Production Maintenance and Enhancement Services
Exploration Services
Technology Development for :
Heavy Oil Upgrading
H2S Removal
Improved Oil Recovery
Artificial Lift
Well Treatments
Etc.