A Public Private Partnership for Iran’s New Petroleum Contract?
Now that sanctions against Iran have been lifted, the country has significant opportunities to boost its investment levels. Still, Iran’s leaders have to address a range of issues before this can be done effectively. Can a public-private partnership provide a solution for the financing of energy infrastructure projects, at a time when Iran is facing declining revenues as a result of years of crippling sanctions? Now the sanctions lifted, political risk disappears, the country offers significant new opportunities for foreign investors: economic attractiveness, greater moderation, and horizontal market integration. Iran’s New Contract Model Iran will present its new oil contracts during a scheduled conference in February 2016 in Tehran. By 2020, the country hopes to increase crude production to about …