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. …
Read More »The Geopolitics of Natural Gas Resources in the East Mediterranean
Currently, Mediterranean coastal countries are increasingly seeking to extract gas from the Mediterranean seabed. As the first step, these countries have undertaken numerous excavations for domestic consumption to sell the gas in a regional consumption market such as the European Union if domestic infrastructure is provided in the coming years. …
Read More »Turkey and China One Road One Belt Project
In recent years, thanks to the development of Turkey’s transit fleet and the emergence of a vibrant and active private sector in this sector, Turkey has been able to take a fair share of the road transport market with the countries of the region by creating competitive advantages. Turkey and …
Read More »US-China Trade War and the Future of Iran Oil Exports to China
China is self-sufficient in many respects in the old oil industry, but it still needs foreign equipment and imported advanced technologies to extract and explore oil resources. These are China’s weaknesses that need to be addressed. China’s oil industry will not be immune to US-China trade clashes and production and services may …
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