The talks started in 1976 and continued until the victory of the Islamic Revolution of 1979, yielding no positive results. After the Islamic Revolution, National Iranian Oil Company terminated all of the contracts signed with foreign companies before the Revolution. This came following a decision made by the Council of Revolution in January 1979.
Oil Industry after the Victory of the Islamic Revolution Following the exit of
foreign oil companies from Iran, Iranian employees of
the oil industry that had played a major role in the
victory of the Islamic Revolution, undertook the
management and
operations of the industry including exploration, drilling, production, transportation, refining and exploration.
Despite doubts expressed by international experts, Iranian employees proved their capability and expertise in successfully running the affairs of Iran’s oil industry.
Following the start of the 8-year Iran-Iraq war on September 21st 1980, Iranian oil, gas and petrochemical facilities were targeted by Iraq.
The attacks were aimed at interrupting Iran’s oil production and distribution. Abadan refinery was demolished and other refineries were targeted many times.
Kharg Island and other oil export terminals were continually targeted by enemy fire. Despite such intense pressure, oil export did not halt even for a single day. Targeting oil wells and platforms marked a new period known as ‘Oil-Tankers War’.
