Methods of financing of projects and oil and gas projects of common priority (A Case Study of Pars Oil & Gas Company) and comparison with Qatar and provide the optimal solution

  • l. Azarkish Internal Audit department of National Iranian Oil Company , Taleghani intersection of Hafez- 1593657919,Tehran, Iran.
  • T.Khalili Varnamkhasti Community Affairs department of National Iranian Oil Company, Taleghani intersection of Hafez- 1593657919,Tehran
Keywords: New Pertaining to Concession, Buy back, Production sharing agreement & Participation in Investment.


In this research, we consider the financial procedure of projects plan in the field of oil & gas to make a Comparison between Qatar & Iran, regarding the amount of investment & gas and oil production in the south pars common field. Accordingly, we’re going to provide optimal solution to promote financing of projects & performance& plans in the area of oil & gas in the POGC. Through library studies, we gathered information regarding the amount of investment & removal in the common field in which two countries (Iran & Qatar) have down in the south pars. Also, by using of research literature which has been written of updated financing procedure, we have provided a questionnaire in which the validity of it has been examined by CRONBACH's alpha. Regarding subject of research, we select a statistic society from senior managers, intermediate managers, operations, head of department and senior experts and experts (knowledge contracts and financing of oil and gas projects) of national Iranian oil company (NIOC) & PARS oil & gas company (POGC) .the results acquired through library studies show that the amount of investment by Iran is 971197 USD billion & Qatar is 117191 USD billion; there for, the amount of removal gas by Iran is 759 million cubic meters & Qatar is 579 million cubic meters per day . Accordingly Qatar oil production is 7110111 Barrel per day but The Iranian oil layers still not reached the production stage. The analysis of the responses received, it is clearly show that PSA (production sharing agreement) is a suitable procedure to expedite increasing of removal / production in common fields.


1. Abbas zadeh Behrooz , Studying the status of Pars field development and South Pars Gas field, Stock Brokerage Consultant Firm, 2014
2. Aminzadeh Elham , Aghababaei Dehkordi Peyman , Comparing between financing in oil projects from 'concessive contracts' and 'Production Sharing', 2013
3. Amri Feysal , Shirmardi Dezaki Mohammadreza, 'New concessive Contracts' and the advantages of oil producing countries: An analysis on oil ownership, Observation and management of the host government and contract financial regime, 2014
4. Constitution, approved in 1979 & revision approved in 1989
5. Ghandia Ali, C.-Y. Cynthia Lin-Oil and gas service contracts around the world: A review-2013
6. Khajavi Ali, Qatar's position in the world's oil & gas resources and production, and the status of the North Dome development in Qatar, Oil Ministry Deputy Planning, 2014
7. MEES, “Qatar Changes PSAs to JVs, Invests In Al-Shaheen”, 18 Jan. 2013
8. MEES, “Qatar Claims ‘GTL World Capital’ Status”, 18 Jan. 2013
9. MEES, “Qatar Moratorium Continues As North Field Proves Challenging”, 12 Dec. 2011
10. MEES, Qatar gas Signs Flexible UK LNG Deal With Malaysian State Firm PETRONAS”, 27 sep2013
11. MEES, Qatar Starts Work On Second Ras Laffan Condensate Refinery”, 11 April 2014
12. MEES, Qatar’s New Leadership: Impact On QP’s And QIA’s Strategies”, 14 june2013
13. Moazemi Mansour , Sadegh Joukar Mohammad , Qatar's Oil & Gas Report (The US Energy Intelengence Office), No, 5, 2013
14. Momeni Vesalian Houshang, Ghanimifard Hojattolah, Mahmoodi Mohammad, Comparative Study of 'Buyback contracts' and 'Production Sharing Agreements' in upper-stream projects of Iran's Oil & Gas industry, 2010
15. Naser Gholipoor, Appropriate model for financing development in Iran Oil & Gas sector and establishing the relevant policy, First edition, 2013
16. Pars Oil & Gas Co.,
17. Qatar gas,
18. Qatar petroleum,
19. Ramazani Azizollah, Strategies of financing for development of future infrastructures of Gas industry, 24th Global Gas Conference, Argentina, 2009
20. Ras gas Company Limited,
21. Ras laffan City,
22. Reuters, Qatar Barzan gas project to cost $ 10bn”, 1 Nov 2011
23. Siamak Adibi, Reviewing the planning in production for South Pars gas field, Econimics & Energy Magazine, No. 97, 2007
24. Soleyman Ghasemian, Global Trade and natural gas area perspectives in 2035, Exploration & Production, 2011
25. Tooraj Dehghani, Energy International studying Association, Investing and Financing in Oil & Gas projects, 2014
26. Vahid Dokhani, Qatar's Pruduction Status from North Dome common field, Exploration & Production No. 64, 2009
27. Yescomb Edward , Principals of Project financing, Translated by Tahmasb Mazaheri and Amirhossein Tavakili, 2008EIA, “Qatar Country Analysis”, January 2014.