The Government Is Reducing Fuel Quotas and Is Considering Digital Fuel Cards, Tiered Pricing, and Energy Coupons Iran consumes more energy per person than many developed nations, though poor energy efficiency leads to extensive waste. The core reasons for this are energy subsidies and pricing schemes that buck market realities. While Iranian …
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Despite vast oil and gas reserves, Iran faces a severe energy crisis due to decades of mismanagement, excessive subsidies, corruption, and international sanctions, which have crippled its infrastructure and distorted energy markets. Without structural reforms and international engagement, the country risks deeper economic instability, environmental degradation, and political unrest. Iran has …
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Turkey’s Growing Reliance on U.S. Liquefied Natural Gas Represents a Purposeful and Strategic Policy to Improve Energy Security As Turkey’s second-largest supplier of liquefied natural gas this past winter, the United States has become a significant player in the country’s gas industry. By topping five billion cubic meters and surpassing more established …
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Significant progress has been made in establishing Türkiye as a major regional gateway for the transit of natural gas, especially in enabling the shipping of gas from Turkmenistan and Azerbaijan to Europe. Its strategic positioning in the global energy market is strengthened by its participation in significant infrastructure projects like …
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he Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back Kazakhstan is producing record amounts of oil for export, with output reportedly reaching 2.12m b/d at the beginning of March, exceeding the country’s OPEC+ quota of 1.47m …
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Due to geopolitical tensions and the growing need for minerals necessary for green technology, Ukraine’s vital mineral resources have drawn more attention from around the world. Ukraine, the second-largest nation in Europe, has abundant mineral resources, including sizable amounts of nickel, cobalt, graphite, rare earth elements, lithium, and titanium. Because …
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Increased oil supplies will moderate prices. But renewable energy will now have to compete with fossil fuel industryBy Richa Mishra ticking to his narrative of “Drill, Baby, Drill”, on January 20 Donald Trump, after taking office as the American President for the second time, declared National Energy Emergency. The objective of …
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A new agreement to import Russian gas through Azerbaijan – signed by Iran’s president in Moscow — may reflect difficulties in constructing a pipeline under the Caspian Sea. Among the many challenges it faces as its regional alliances buckle, Iran is also experiencing a severe energy crisis despite possessing the world’s second-largest …
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In 2016, Iran proposed a regional initiative to develop the Persian Gulf-Black Sea International Transport and Transit Corridor (ITC), which would include Armenia, Azerbaijan, Georgia, Bulgaria, and Greece. This multi-modal corridor will begin in Iran at Bandar Abbas, head north through the country, and continue into Armenia or Azerbaijan, connecting four key …
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Rival transit corridor projects have centered on the South Caucasus as it becomes more and more important in connecting Europe and Asia. These corridors serve as hubs for international trade integration, regional stability, and economic progress in addition to being routes for transit. The Zangezur Corridor is unique among these …
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