Browsing by Author "Riveros Olmedo, Adrian Esteban"
Now showing 1 - 1 of 1
- Results Per Page
- Sort Options
Thesis IRÁN Y SU POSIBLE NUEVO PAPEL EN EL MAPA PETROLERO(2016) Riveros Olmedo, Adrian Esteban; Departamento de Ingeniería Comercial; Fuenzalida O'Shee, Darcy ElizardoWithin the global market a key factor currently dominates the development of the world economy is oil, is finally presented sharp fluctuations in oil prices which rose from more than US $ 100 a barrel to below US $ 30 in less than a year. The latter due to multiple factors such as the recession of China, increased tariff rates and the inclusion of new suppliers in the oil market as it is Iran which according to the agreement signed on July 14, 2015 between Irán and the five members security council of the united nations plus Germany, stipulates that the country reduce its stocks of enriched uranium by 98% in 15 years and its ability to enrich it by two thirds in 10 years. In return, all sanctions imposed over its nuclear program will rise, allowing you to export oil to markets so far restricted, as the European Union.The potential consequences of the return of Iranian oil to Western markets can be significant: Iran is the seventh largest producer, with 3.4 million barrels per day (bpd) of crude from a global total of 93 MBD in 2014; It ranks fourth in levels of reserves, behind Venezuela, Saudi Arabia and Canada; and it is in the group of lowest cost producers.In this context, and according to estimates of the Iranian government, the lifting of sanctions may result in an increase in world production and 1.1 MBD in 2016. An increase undoubtedly be helped by improving the financial capacity of the country which will regain access to assets that had blocked abroad, and by the expected increase in foreign investments.They not in vain many foreign oil companies have already shown great interest in the country. Thus, the government expects to achieve a medium-term total production of 5 MBD, a figure that does not seem exaggerated when taking into account the 6 MBD Iran produced in the 1970s.From the above, a study was conducted to analyze the impact on the global economy of the variation of oil producers and as Iranian agents will face opening new markets, analyzing the internal structure of governments, political constraints and legislative measures to promote the investment and boost domestic oil production levels of 500,000 8 barrels per day in the medium term of 6 to 12 months.Finally we recommend major measures to address the possible stagnation and the tendency to plummeting prices for oil and as enhance future investment for the revival of its economy