Pars Special Economic Energy Zone
PSEEZ is operated by the Pars Special Economic Energy Zone Organization on behalf of the Ministry of Petroleum and NIOC. Its stated functions include facilitating oil and gas projects, attracting investment in oil, gas, petrochemicals and related downstream industries, and managing infrastructure including roads, railways, ports, airports, electricity and water.
Strategic and market-access role
Pars Special Economic Energy Zone is one of the highest-weight industrial platforms in the Hormuz Graph because it concentrates South Pars gas processing, petrochemicals, export logistics, utilities, industrial labor, and specialized services around Asaluyeh. Its role connects feedstock flows, downstream materials, port access, heavy-industry procurement, maintenance ecosystems, and sanctions-sensitive export channels. The zone is not a generic special zone; it is the institutional and spatial frame through which Iran’s most important gas and petrochemical cluster is organized and connected to global-facing supply chains. The zone supports industrial development around South Pars and other designated gas fields, combining project facilitation with infrastructure management for energy and related downstream activity.
Operations, capacity & connectivity
Related use cases
Useful for energy and petrochemical market screening, industrial site assessment, export-logistics planning, utility-risk review, maintenance partner search, and compliance exposure mapping. Companies can use it to evaluate service opportunities around equipment, storage, packaging, technical labor, environmental systems, and materials movement in Asaluyeh. Due diligence should verify licensing, zone rules, procurement channels, port interfaces, sanctions constraints, utility access, and local partner quality.
Capacity and service area
Capacity: The zone covers 46,000 hectares: Pars 1 (South Pars), 14,000 hectares; Pars 2 (Kangan), 16,000 hectares; and Pars 3 (North Pars), 16,000 hectares. Separately, 38 investment licences covering 43 million tonnes of output capacity had been issued as of October 2021; this is a licensed-capacity figure, not confirmed operating throughput. Service area: The coastal Asaluyeh and Naiband Bay area of Bushehr Province. The zone’s three areas encompass South Pars/Asaluyeh, Kangan and North Pars.
Connected modes
Port access through Assaluyeh Port and road connections. Rail is referenced as a potential connection, rather than a confirmed operating mode.
Industries served
Oil, gas, petrochemicals, logistics and shipping.
Ownership, operation & expansion
Owner and operator
Owner: Government of Iran, via the National Iranian Oil Company (NIOC). Operator: Pars Special Economic Energy Zone Organization (سازمان منطقه ویژه اقتصادی انرژی پارس), a wholly owned subsidiary of the National Iranian Oil Company (NIOC).
Opening or commissioning
1998 (1377 in the Iranian calendar).
Expansion and development projects
PSEEZ manages Pars 1, Pars 2 and Pars 3 in support of South Pars and the Golshan, Ferdowsi, Mand, North Pars and Farzad gas fields.
Constraints, risk & compliance
Operational constraints
Project-level access to utilities, transport capacity, permitting and zone services is not established by the available evidence and should be verified for each proposed activity.
Key risks and compliance considerations
The zone is linked to NIOC, which is subject to international sanctions, creating material compliance and counterparty-screening considerations. The evidence pack also notes that Assaluyeh Port provides services to sanctioned IRISL. Applicable restrictions and transaction exposure require case-specific legal and compliance review.
Connected Intelligence
Relevant geography, industry, market and execution context for this profile.
Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
Who operates Pars Special Economic Energy Zone?
The zone is operated by the Pars Special Economic Energy Zone Organization, a wholly owned subsidiary of the National Iranian Oil Company (NIOC) that operates on behalf of the Ministry of Petroleum and NIOC.
Where is Pars Special Economic Energy Zone located?
PSEEZ is on the coastal strip of Asaluyeh and Naiband Bay in Bushehr Province, Iran. Its development areas include Pars 1 in the South Pars/Asaluyeh area, Pars 2 in Kangan and Pars 3 at North Pars.
How large is PSEEZ?
The reported total area is 46,000 hectares: 14,000 hectares in Pars 1, 16,000 hectares in Pars 2 and 16,000 hectares in Pars 3.
What compliance issue should counterparties consider?
PSEEZ is linked to NIOC and is identified in the evidence pack as subject to international sanctions. Any prospective engagement requires transaction-specific legal, sanctions and counterparty due diligence.