Disputes over right to explore gas in Eastern Mediterranean have become a very contentious issue during the last few years. Especially after Turkey in January 2020 signed maritime deal with the Tripoli- based Government of National Accord (GNA). Turkey signed the bilateral maritime deal with Libya in response to the …

The global gas and liquefied natural gas (LNG) market is currently witnessing an increase in the number of new manufacturers and an increase in the geopolitical importance of this product. Given that the share of natural gas in a country’s energy portfolio will increase by 2040, countries with natural gas …

TEHRAN, Mar. 13 (MNA) – Omid Shokri believes that Russia’s disagreement with cuts in OPEC Plus production could be a good opportunity for Moscow to influence US oil exports. While the spread of Coronavirus outbreak worldwide has already had a profound effect on the world economy and has led to …

Supply and demand are the two central elements of price stability in the global energy market. Moreover, the rate of economic growth of major energy-consuming countries such as China and India also plays an important role in market stability. In addition to these two main components, geopolitical events in major …

Turkey, which has based its economic growth on export development and made significant strides in recent years (especially during the AKP administration) has taken a strategic approach to the African continent in search of new markets. Moreover, it is seeking to expand its political, economic and commercial presence on the …

Major energy producing countries are using energy exports to increase political influence in consumer countries. Energy exports are one of the most important ways to create interdependence as well as stability and security in the region. Iran ranks second in the world’s gas reserves, but  domestic gas consumption increased sharply …

While crude oil exports (Iran’s most important foreign exchange industry) have sharply reduced with no hope of recovery, other resources such as petrochemicals, mines and metals could have been a way out for the Islamic Republic… however, these sectors were also sanctioned in Spring 2019. Iran’s petrochemical and steel sectors …

The Libyan oil and gas sector are the main arteries of the country’s economy and one of its only sources of income. However, military forces recently closed most of the major Libyan ports. It seems that Khalifa Haftar and his forces are trying to win concessions from the constitutional government …

In an interview with TRT World, energy security analyst Omid Shokri Kalehsar touched upon several aspects of competing foreign policies in the Eastern Mediterranean, saying Moscow would like to play a dominant role in the overall energy equation. The race for extracting energy resources in the Eastern Mediterranean presents various …

Discovering new sources of energy always creates the opportunity to increase regional cooperation and increase stability and security in a given region. However, at the same time, these resources can also increase tensions. In recent years, maritime resources have been the focus of both coastal states and trans-regional powers. Numerous …