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2021 | OriginalPaper | Chapter

Local Content Requirements in Iran

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Abstract

Iran has a large share of world's extractive resources including oil and gas. The economy of the country is extremely dependant on revenues from these resources. However, the management of these resources have been criticized. At different times, Iran has adopted different kind of policies and legal structures to manage these resources especially oil and gas resources. The required local contents for each of these policies are different. Here, the discussion goes around these policies and legal orders which require some obligations on Iran National Oil Company (NIOC), foreign and local companies through laws, development plans and specific kind of contracts.

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Footnotes
1
Noreng (1994).
 
2
For more information, see the document “Nationalization of the Oil Industry of Iran.” 1951. Middle East Journal 5(3): 353–354.
 
3
Green and Wehrey (2008).
 
4
Ebrahim-Fathabadi (2014).
 
6
Petroleum Law, ratified 1987-amended 2011.
 
7
Ebrahimi and Ghsemi Moghaddam (2018).
 
8
Mohammadi et al. (2016).
 
9
Khavarian-Garmsir et al. (2018).
 
10
Nazmfar et al. (2018).
 
11
Report by The Research Center of Parliament “Requirements for Upstream Oil and Gas Financing Under Sanctions”, 2018, No. 16163.
 
13
“A look at the National Iranian Oil Company's report in 2018”, Edited by NIOC Public Relations, Accessible at: https://​www.​nioc.​ir/​portal/​file/​?​321174/​NIOC-En.​pdf, p 22.
 
14
Elm (1992).
 
15
Heiss (1994).
 
16
Minutes of Persia Committee Meeting February 2, 1954.
 
17
Yong (2013).
 
18
Bahmaei and Zere (2018).
 
19
Kakhki (2008).
 
20
Shammas (2001).
 
21
Mazraati and Groenedaal (2006).
 
22
For more information see: James et al. (2020). Tagliapietra (2016).
 
23
Sahebonar et al. (2016).
 
24
Kohan Hoosh Nejad et al. (2018).
 
26
“A Review of the Financial System of National Iranian Oil Company and its Impacts on Oil and Gas Production” 2009, Economy and Energy, No. 116–117: 46–49.
 
27
Modarresi (2009).
 
28
Mostaghel (2016).
 
29
Daneshjafari and Karimi (2016).
 
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Metadata
Title
Local Content Requirements in Iran
Author
Zoha Abdolalizadeh
Copyright Year
2021
DOI
https://doi.org/10.1007/978-3-030-56092-8_18