At a glance: Implications of Iran nuclear deal on global energy markets

As part of our series of free resources, ICIS have produced a special insight on the implication for the global energy markets following the recent Iran nuclear deal.

The insight covers:

  • Lifting of sanctions could see Iran’s GDP rising to 8% during the 18 months following the implementation of the deal
  • Iran’s natural gas reserves are estimated at 34tcm, placing it above Russia and Qatar, as the world’s biggest reserve holder
  • However, it will take years before Iran can ramp up gas production and build the required infrastructure to monetise its reserves
  • The implications of Iran’s return to the global energy market are wide and are likely to impact Turkey, Russia, Central Asia and the Middle East in the longer term

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