Sunday , October 17 2021

Tag Archives: Natural Gas

Will Iran Become a Gas Exporter to Europe?

The geography of Iran has provided special natural conditions for the country. Iran borders 13 countries, though its relations with many of its neighbors are strained. Iran’s geopolitical realities present a unique challenge to its leadership, particularly when considering the export of oil abroad. Rising tensions between Tehran and the …

Read More »

The geopolitics of the Iğdir-Nakhchivan natural gas pipeline

Geopolitics in Transcaucasia have been influenced by several regional developments, ultimately having an impact on the trilateral Iranian-Azerbaijani-Turkish relations within the context of energy transport to the Autonomous Republic of Nakhchivan. With its vast oil and gas resources in the Caspian Sea, Azerbaijan has no problem supplying the oil and …

Read More »

Is Turkey’s New Gas Discovery in the Black Sea a Game Changer?

In mid-August, Turkey officially announced the discovery of a massive, 320-billion-cubic-meter (bcm) natural gas field in the Black Sea, in an exploration zone called “Tuna-1” (TRT World, August 21). The news was met with some skepticism from energy experts, notably in the Middle East (Arab News, August 24). Yet, if …

Read More »

China and Iran’s Strategic Partnership: A Zero Sum Game?

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 …

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 »

Eastern Mediterranean Natural Gas Exploration Dispute

Disputes over right to explore gas in Eastern Mediterranean have become a very contentious issue during the last few years. Especially after Turkey in January 2020 signed maritime deal with the Tripoli- based Government of National Accord (GNA). Turkey signed the bilateral maritime deal with Libya in response to the …

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 »