The potential for trade and economic growth between Iran and Iraq is enormous but global rivalries are a constant wrench in the relationship. Rouhani’s official visit to Iraq comes at a time when Iran is experiencing multiple regional and foreign policy challenges partly resulting from the imposition of new sanctions …
Read More »Japan prime minister to visit Tehran, with energy security the main concern
As Japan looks to ensure security in the region, it could play a vital role in negotiating between Iran and the US. Japan is the third-largest economy in the world, needing a regular supply of energy from reliable sources and routes. The diversification of energy resources is, therefore, a key …
Read More »Iranian-Omani Gas Pipeline: A Link for Iran to the World?
To meet its growing energy needs, Oman is looking to increase its natural gas supply above the current levels of imports brought in from Qatar via the Dolphin pipeline. While Oman also exports significant volumes of natural gas from its liquefied natural gas (LNG) facilities, it has had to devote …
Read More »The Future of Iran-Pakistan Energy Relations Seems Dim
With the re-imposition of sanctions on Iran, it is not just the Islamic Republic’s global, but regional energy links which have been shaken, spelling bad tidings for future economic and political cooperation. Alternatives to Iran’s drastically underinvested energy sector abound for those countries which, like Pakistan, are undertaking serious efforts …
Read More »Iran and Saudi Arabia Compete for India’s Energy Market
India now has the highest oil and natural gas consumption in the world and will for the foreseeable future. With exorbitant and ever-increasing energy demands, India is under pressure to diversify its energy supply. Iran and Saudi Arabia are now in a race to meet India’s demand in the international …
Read More »Challenges and Opportunities for Saudi Arabia’s Energy Transition from Oil
Currently, the main source of Saudi revenues is oil production—at a rate of nine to ten million barrels per day. Yet, this is not the kingdom’s only resource: Saudi Arabia is actively engaged in implementing many industrial projects, including energy projects and projects based around crude oil, in an effort …
Read More »US sanctions and the future of Turkish-Iranian energy ties
On paper, Turkey and Iran should be natural partners when it comes to energy. On the one hand, Turkey has a growing demand for oil and gas and lacks significant domestic resources, making it highly reliant on imports. On the other hand, Iran has huge hydrocarbons reserves — the world’s …
Read More »Saudi Nuclear Diplomacy and the Onset of Competition in the Region
In recent years, Saudi Arabia has had a comprehensive plan to reduce the share of oil in the economy, and it is seeking to increase the share of both renewable energy and natural gas in electricity production for export. It is also investing in high value-added products to reduce dependence …
Read More »Turkey to play active role in Iraqi oil swap
إaghdad reported its highest oil production on record last August at 4.6 million barrels per day (bpd) from the country’s southern fields and exported a large portion of it. The first Iraqi-Turkish oil pipeline, built in 1976, has been ineffective in recent years in northern Iraq. Now the governments of …
Read More »Nord Stream 2’s Future and the New era of US-Russia Competition
By exporting liquefied natural gas (LNG) to some European countries, Washington seeks to reduce their dependence on Russian gas The shale gas revolution and the U.S. becoming an exporter of energy have changed the geopolitics of energy. The U.S.’ entry into energy exports has intensified competition among traditional energy exporters. …
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