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 …
Read More »Coronavirus and a new crisis in the world oil market
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 …
Read More »Turkey’s Focus on Africa: Energy Security, Political Influence and Economic Growth
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 …
Read More »The Future of Iran Energy Exports to Iraq
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 …
Read More »Challenges of Iran’s petrochemical industry in the shadow of new sanctions
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 …
Read More »Petro-politics in Libya
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 …
Read More »Q&A: ‘Russia is not willing to reduce its share of the European gas market’
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 …
Read More »The Geopolitics of the Turkey-Libya Maritime Deal
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 …
Read More »Will renewable energy be a major part of the Saudi energy mix?
In recent years, Saudi Arabia has had a comprehensive plan to reduce the share of oil in its economy, and it is seeking to increase the share of renewable energy in electricity generation. Saudi Arabia currently consumes about a quarter of its oil production, which is expected to remain almost …
Read More »Challenges and opportunities at OPEC meeting
The main goal of OPEC is to coordinate and unify the oil policies of its members, and to identify the best ways to protect their interests individually and collectively. OPEC is also looking for ways to guarantee world market prices by eliminating unnecessary volatility. OPEC’s continuing viability and its impact …
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