IDEAS home Printed from https://ideas.repec.org/a/trd/journl/v2y2014i4p63-74.html
   My bibliography  Save this article

The Impact Of Sanctions On Iran’s Oil And Natural Gas Exportation: Swot Analysis

Author

Listed:
  • Davood Behboudi

    (Professor, Department of Economics, University of Tabriz, Iran)

  • Hossein Panahi

    (Associate Professor, Department of Economics, University of Tabriz, Iran)

  • Taghi Zamzam

    (MA. Student of economics, Faculty of economics, Management and Business, University of Tabriz, Iran)

Abstract

Iran holds the world's fourth-largest proven oil reserves and the world's second-largest natural gas reserves. International sanctions are redefining the Iranian energy sector, and the lack of foreign investment and technology is affecting the sector profoundly. In 2012, Iran saw unprecedented drops in its oil exports as sanctions by the United States (U.S.) and European Union (EU) were tightened, targeting Iranian oil export revenues. Oil and gas revenues play a vital role in Iranian government’s performance. That is why we decided to have a glance on efficacies of recent sanctions on Iran’s oil and gas exportation. The purpose of this paper is to outline how the Western sanctions have affected Iran’s oil and gas sector. Our studies show that, international embargoes have negatively affected this sector. Of course, Iran is not reactive and strikes back. Furthermore, in this study, through Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis, we concluded that some of the top priorities for Iran to thwart the impact of sanctions are: develop its Natural Gas fields, reduce unrefined oil sales and enhance its exportation of petroleum products, correct internal mismanagements, and also reduce its annual budget reliance on crude oil revenues by non-oil export development and using tax monies.

Suggested Citation

  • Davood Behboudi & Hossein Panahi & Taghi Zamzam, 2014. "The Impact Of Sanctions On Iran’s Oil And Natural Gas Exportation: Swot Analysis," International Journal of Resistive Economics, Toroudshomal Research-Industrial Company, vol. 2(4), pages 63-74, October.
    • Handle: RePEc:trd:journl:v:2:y:2014:i:4:p:63-74
    as

    Download full text from publisher

    File URL: http://oajre.ir/wp-content/uploads/2016/09/32.pdf
    Download Restriction: no
    File URL: http://oajre.ir/the-impact-of-sanctions-on-irans-oil-and-natural-gas-exportation-swot-analysis/
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:trd:journl:v:2:y:2014:i:4:p:63-74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Solmaz Sabbaghi (email available below). General contact details of provider: http://oajre.ir/RePEc/trd/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.