Oil Industry and Financing Methods in Iran

The development of the oil and gas industry in Iran requires financial resources, which unfortunately the government is not able to provide all of them with its budget constraints. Therefore, attracting financial resources from abroad to implement such projects can increase production capacity and job creation in the Iranian economy. The present study was an examination of the challenges of the legal system governing the foreign financing contracts of the National Iranian Oil Company. International oil contracts have many fluctuations in the nature of the general terms of the contracts, so it is essential that this study compares the financial challenges with financing by comparing and reviewing the necessary scientific articles in this field with an analytical, comparative and descriptive approach. As a result, Iran's oil industry has made every effort to achieve the goals set out in the Vision Document. What can be deduced from the results of the research is transparent international laws in the oil industry.