To gain the most from the 25-year cooperation agreement, Raisi should pursue a conciliatory foreign policy, and the presidency should provide the conditions for the presence of all foreign companies in Iran, giving Chinese firms rivals from Europe and elsewhere in Asia. With the victory of Ibrahim Raisi in the …
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Sanctions have had a devastating impact on Iran’s oil production and exports, preventing much-needed investment in the country’s ageing fields and barring it from legally exporting crude oil to global customers. Using a range of evasion tactics, however, Iran has succeeded in circumventing sanctions and maintaining a steady — albeit …
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It is clear that by the end of this year, the last year of the Sixth Development Plan, Iran will have failed to implement most of the goals of this program. Sanctions, domestic mismanagement and foreign policy problems have prevented Iran from attracting the necessary capital and technology by increasing …
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As the Islamic Republic continues to fall behind in the rapidly evolving global energy industry, will it ever be able to take advantage of what remains of its enormous oil and gas wealth? Since Iran’s Islamic Revolution of 1979, the country’s oil and gas sector has continuously suffered from sanctions, …
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Iran and China first announced a long-term 25-year strategic partnership in 2016, with a draft document of the accord reportedly approved last week. Cooperation between the two countries will include China’s financial and technological participation in major projects such as highways, railways, oil and gas fields, the tourism industry, information technology and …
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The continuation of sanctions and the reduction of Iran’s oil share in the world market have caused many problems for all sectors of Iran’s energy industry and economy, and it will see an increase in problems in most areas due to the Trump administration’s “maximum pressure” policy. Currently, the Iranian …
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Even before the coronavirus pandemic erupted, Iran’s oil exports were declining as a result of secondary US sanctions. Global oversupply amid a drastic drop in consumer demand, caused by the virus and its economic effects, will likely continue to depress Iranian exports for months to come. Prior to the US …
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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 …
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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 …
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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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