BMI Industry View

BMI View: Iranian plans to expand its energy sector continue to be hampered by ongoing uncertainty over the outcome of international talks to loosen sanctions on the country. It appears clear that the government intends to press ahead with the construction of nuclear power stations, but perilous government finances could threaten its ability to continue financing new power infrastructure projects. That said, if a deal is reached and Tehran continues investing in the sector, there is significant potential for rapid growth in the years ahead.