About Ahvaz

Ahvaz, Khuzestan: Re-emerging business and investment opportunities in the oil and gas sector

Khuzestan Province is situated in the southwest of the country, bordering Iraq and the Persian Gulf and has a population of 5 million. It is considered to be the entry point to Iraq and serves as an important trading hub for the region, with extensive road networks, railways, three ports, and a free-trade zone that provides opportunities for export and import activities.

Khuzestan is the key oil-producing region of Iran, and as such, is one of the wealthiest provinces in the country. It contributes 90% of national onshore oil production as well as a third of petrochemicals and steel output. It is also the first producer of various petroleum products, which is a huge attraction for inward investment. It has also contributed to the province being ranked high in purchasing power priority (PPP).

A Base for Industrial Petroleum Industrial Tourism

Khuzestan’s status as Iran’s main producer of oil offers an opportunity for promoting petroleum industrial tourism. It opens up business and investment prospects apart from contributing to local tourism.

Attractions such as natural gas and oil landscapes, oil fields, museums, refineries, and oil heritage sites, and Iran's oldest petrol stations which are registered on the national heritage list are located in Khuzestan.

Ahvaz Industry Facts and Figures

Ahvaz is the capital of Khuzestan and the second biggest city in Iran.
Ahvaz is the political, administrative and trade center of Khuzestan and one of the most important economic and industrial centers in Iran.
The Ahvaz field is the biggest oil field in Iran and the third biggest oil field in the world, with estimated proven reserves of about 65.5 billion barrels.
The Ahvaz field produces 750,000 barrels of oil per day.
Ahvaz is the largest drilling company in the country.
Ahvaz is home to National Iranian South Oilfields Company (NISOC), Iran’s biggest oil company.