There is a concern in Iran that Azerbaijan intends for the project to block Iran’s border with Armenia as the proposed route of the Zanzegur Corridor project runs along the full length of the border. The Second Nagorno-Karabakh War, fought from September to November 2020, ended with a significant victory for …
Read More »China, India and Turkey to siphon more Russian oil ahead of EU ban
NESREEN BAKHEIT and RURIKA IMAHASHI, Nikkei staff writers June 9, 2022 15:05 JST DUBAI/TOKYO — China and India are continuing to increase imports of Russian oil in a dramatic reshaping of global trade in energy, according to the latest industry data. But the ability of Asia to absorb more production …
Read More »Iran Cannot Develop its Oil Sector Without Sanctions Relief
Iran can neither increase its oil and natural gas production capacity, nor attract the necessary foreign capital and technology for their expansion, without the lifting of sanctions. Thanks to a combination of Western animosity and Iran’s regional foreign policy, the country’s energy industry has faced ever more onerous sanctions in …
Read More »There are challenges and opportunities in relations between Iran and Venezuela
Political and economic relations between Iran and Venezuela have grown over the past two decades. The South American country has the largest known oil reserves in the world but, despite being recognised as a leading economy on the continent for many years, Venezuela is a prime example of the “economic …
Read More »Cheaper Russian oil is the scourge of cheap Iranian oil
Iran’s oil sales have risen under the Biden administration, but if the Ukraine crisis and Iran’s current policy in the nuclear talks continue, the US could tighten conditions for selling Iranian oil. Russia’s invasion of Ukraine has disrupted global oil trade and has given Iran the opportunity to increase exports to China, …
Read More »How Algeria is emerging as Europe’s energy partner of choice
Analysis: Algeria has emerged as a strong contender to help Europe end its dependence on Russian energy. But can the North African country meet its growing demand? The Ukraine war has strengthened Europe’s resolve to reduce its dependence on Russian energy resources. As a result, the position of energy-rich countries in North Africa, especially …
Read More »Iran’s second nuclear power plant: A dream or a reality?
Development of electricity generation capacities in nuclear power plants is a goal of Ebrahim Raisi, and the Darkhovin site is one, in this regard, to be able to compensate for Iran’s electricity shortage. Despite its vast oil and gas resources, Iran has not been able to play a significant role in the …
Read More »US Energy Diplomacy in Light of the War in Ukraine
One month since the Russian invasion of Ukraine, it has become clear that the war in Ukraine is changing global energy geopolitics. To understand the role of energy in the US response to the Ukraine Crisis, Adam Hoffman and Dr. Rebecca Molloy of Wikistrat interviewed Dr. Umud Shokri, who is …
Read More »Russia and the Gulf: Implications for Global Energy Markets and Moscow’s International Isolation
Pressure is growing around the world to cut off international purchases of Russian oil because of the Kremlin’s war of aggression against Ukraine. In recent days, the government of Poland announced its intentions to do just that, in addition to self-embargos on Russian coal and natural gas, before the end …
Read More »Why Gulf States Can (or Cannot) Replace Russian Oil and Gas
Given Europe’s need for Russian natural gas and the lack of easily available alternatives for Russia’s energy resources in the European market in the short term, solutions to political disagreements between Europe and the Middle East are more vital now than ever. Energy flows—imports and exports—constitute a major element of …
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