Iran's oil and gas industries form a vital and pivotal sector of its economy. These industries encompass a wide range of activities and commodity groups, some of which are:
Exploration and Extraction of Oil and Gas: This sector involves activities related to the identification and extraction of oil and gas resources from fields.
Refining and Processing: Includes refineries and facilities for processing crude oil and gas into usable products such as gasoline, diesel, kerosene, liquefied gas, and other petrochemicals.
Petrochemicals: This sector utilizes crude oil and gas to produce a wide range of high-value chemical products, including chemical fertilizers, plastics, synthetic fibers, industrial and consumer chemicals, among others.
Transportation and Distribution: Encompasses pipelines, oil and gas tankers, oil terminals, and other necessary infrastructure for the transportation and distribution of oil and gas to domestic and international markets.
Ancillary Services: Includes a wide range of support services such as drilling, engineering, technical services and repairs, project supervision, consulting, and more, provided by specialized companies.
Downstream Industries: This sector includes companies that utilize oil and gas products in their industries, such as chemical, plastic, rubber, automotive, and others.
Renewable Energies: With Iran's focus on clean energy development, commodity groups related to renewable energies such as solar, wind, and geothermal are also emerging.
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