IRAN'S OIL AND GAS SECTOR: CURRENT STATE, CHALLENGES AND PROSPECTS

This article is devoted to a comprehensive study and consideration of the factors influencing the development of the oil and gas sector of the Islamic Republic of Iran (IRI), the definition of external and internal challenges and problems that the oil and gas sector constantly faces in the process of its formation and development, as well as identifying the prospects for its growth in a complex geopolitical situation. The work examines the current state of the oil and gas sector of Iran, provides data on the largest fields, analyzes the dynamics of production and consumption of hydrocarbons. Special attention is paid to the impact of international sanctions on the development of the oil and gas sector of Iran. It is proven that the oil and gas sector of Iran has enormous potential and creates conditions for the development of the oil refining and petrochemical industries of the economy and diversification of the geography of exports. Iran considers cooperation with Russia and Arab oil-producing countries as a priority area of energy policy.