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Iran Sanctions - Foreign Press Centers

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Date Field/Project<br />

GAO report cited below<br />

- Kermanshah petrochemical plant<br />

(new construction)<br />

GAO report cited below<br />

January<br />

2009<br />

January<br />

2009<br />

March<br />

2009<br />

August<br />

2009<br />

October<br />

2009<br />

Nov.<br />

2009<br />

Feb.<br />

2010<br />

“North Azadegan”<br />

(Chinadaily.com. “CNPC to Develop<br />

Azadegan Oilfield,”<br />

http://www.chinadaily.com.cn/bizchina/<br />

2009-01/16/content_7403699.htm.)<br />

Bushehr Polymer Plants<br />

Production of polyethelene at two<br />

polymer plants in Bushehr Province<br />

(GAO August 2011 report)<br />

Phase 12 South Pars (gas)—part 1. Incl.<br />

LNG terminal construction and Farzad-B<br />

natural gas bloc. Project stalled due to<br />

sanctions; ONGC and Hinduja have had<br />

difficulty financing the project. Sonangol<br />

reportedly exited project in February 2012<br />

due to inability to finance its stake.<br />

“Noose Tightens Around <strong>Iran</strong> Oil.”<br />

Washington Post, March 6, 2012.<br />

Abadan refinery<br />

Upgrade and expansion; building a new<br />

refinery at Hormuz on the Persian Gulf<br />

coast<br />

South Pars Gas Field—Phases 6-8,<br />

Gas Sweetening Plant<br />

CRS conversation with Embassy of S.<br />

Korea in Washington, D.C, July 2010<br />

Contract signed but then abrogated by S.<br />

Korean firm<br />

South Pars: Phase 12—Part 2 and<br />

Part 3<br />

(“Italy, South Korea To Develop South<br />

Pars Phase 12.” <strong>Press</strong> TV (<strong>Iran</strong>),<br />

November 3, 2009,<br />

http://www.presstv.com/pop/Print/?id=<br />

110308.)<br />

South Pars: Phase 11<br />

Drilling was to begin in March 2010, but<br />

drilling still delayed as of September 2011.<br />

(“China Curbs <strong>Iran</strong> Energy Work,”<br />

Reuters, September 2, 2011)<br />

<strong>Iran</strong> <strong>Sanctions</strong><br />

Company(ies)/Status<br />

(If Known) Value Output/Goal<br />

Congressional Research Service 52<br />

size)<br />

Uhde (Germany) 300,000<br />

metric tons/yr<br />

CNPC (China) $1.75 billion 75,000 bpd<br />

Sasol (South Africa) ? Capacity is 1<br />

million tons<br />

per year.<br />

Products are<br />

exported<br />

from <strong>Iran</strong>.<br />

Taken over by Indian<br />

firms (ONGC, Oil India<br />

Ltd., Hinduja, Petronet<br />

in 2007). Sonanagol<br />

(Angola) has 20% stake,<br />

and PDVSA (Venezuela)<br />

involved as well.<br />

$8 billion<br />

from Indian<br />

firms/$1.5<br />

billion<br />

Sonangol/$780<br />

million<br />

PDVSA<br />

Sinopec up to $6<br />

billion if new<br />

refinery is<br />

built<br />

G and S Engineering<br />

and Construction<br />

(South Korea)<br />

Daelim (S. Korea)—<br />

Part 2; Tecnimont<br />

(Italy)—Part 3<br />

2011 Azar Gas Field Gazprom (Russia)<br />

$1.4 billion<br />

$4 billion ($2<br />

bn each part)<br />

CNPC (China) $4.7 billion<br />

20 million<br />

tonnes of<br />

LNG annually<br />

by 2012

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