The Russian invasion of Ukraine has given Oman’s natural gas industry, long handicapped by relatively modest reserves and high extraction costs, a new lease on life. The global energy crisis caused by Russia’s invasion of Ukraine one year ago has underlined the centrality of LNG to Europe’s energy security. Since …
Read More »Saudi Aramco’s U.S. Investments: A Win-Win Template for Bilateral Energy Engagement
As Saudi Arabia has grappled with its Vision 2030 reform plan and its transition away from fossil fuels, one international partner of choice in the energy sector has emerged: the United States In recent years, many countries in the Middle East region have concluded that their continued economic dependence on …
Read More »Regional security and energy are the main axes of Iran-Oman relations
Without the lifting of sanctions and a fundamental change in Iran’s foreign policy, it won’t be easy to resolve tensions in the region and increase the level of political and economic relations with neighbors. Regionalism and the development of Iran’s relations with Russia and China are among the presidency’s priorities in …
Read More »How Western sanctions over Ukraine invasion could hit Russia’s energy sector
Analysis: Tightening sanctions could lead to a decline in Moscow’s share of Europe’s energy market. Vladimir Putin’s invasion of Ukraine has posed several challenges for Western companies, with a growing list looking to exit Russia as international sanctions tighten. While Russian energy firms have not been sanctioned, a growing number of Western oil …
Read More »Exploring Alternatives to Russian Natural Gas, Europe Looks to the Gulf
Washington has deliberately increased its own LNG exports to Europe, and U.S. diplomats are trying to persuade Qatar to assist in meeting part of Europe’s natural gas needs, supporting the EU’s energy security as a traditional U.S. ally. The ongoing tensions in Europe between Russia and Ukraine have contributed to …
Read More »The Future of Iranian Natural Gas Exports to Turkey
Reducing dependence on Iranian gas will increase Turkey’s bargaining power in gas transactions. In practice, Iranian gas will not play a significant role in Turkey’s policies, which means that it can be easily removed from them and sanctioned. The diversification of energy resources is a fundamental principle of Turkey’s energy …
Read More »Challenges Facing Iran in Natural Gas Exports During the Post-Coronavirus Era
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 …
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 »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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