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 …
Read More »A New President Visits an Old Partner: Tehran Turns to Iraq
In his first trip abroad as president, Masoud Pezeshkian reaffirmed Iraq’s central role in Iran’s foreign policy. Masoud Pezeshkian’s inaugural trip to Iraq from September 11-13 marked a pivotal moment in the evolving relationship between the two neighbors. The new president’s visit underscores Iraq’s strategic importance to Iran and reflects Pezeshkian’s commitment …
Read More »Powering up: Turkey-Iraq transmission line is part of a broader strategic shift
On July 21, 2024, Baghdad inaugurated a new power line connecting Turkey and Iraq to handle Turkish electricity imports. This 115-kilometer (71-mile) transmission line is expected to deliver 300 megawatts of energy to a power station west of Mosul with the aim of supplying northern Iraq, including the regions of Nineveh, Salahuddin, and …
Read More »Iran’s Renewable Energy Aspirations and Geopolitical Challenges
Iran has realized the value of its vast renewable energy potential—but serious international and institutional obstacles threaten to derail Tehran’s green energy plans before they gain momentum. Although Iran is one of the world’s largest producers of fossil fuels, the Islamic Republic has increasingly focused on renewable energy to address its growing …
Read More »Powering change: Iran’s electricity crisis and the path forward under Pezeshkian
Iran’s mismatch between energy supply and consumption has led to industrial power outages and blackouts for residential users, leading to increased poverty, economic losses and social unrest. The mismatch between energy production and consumption in Iran has made it difficult for the government to provide power to different users. As …
Read More »Iran’s Nuclear Ambitions: U.S. and EU Strategies for the New President
Both the United States and the European Union have expressed interest in constraining Iran’s nuclear program—but negotiations are fraught with risk, and require a willing partner in Tehran in order to achieve real progress. With the signing of the 2015 Joint Comprehensive Plan of Action (JCPOA), Iran agreed to suspend its nuclear …
Read More »Iran needles the West with its growing oil production goals
Iran says it will produce 4m bpd Sceptics say it is an election ploy Exports using a ‘shadow fleet’ Iran has said it intends to raise its oil output to 4 million barrels per day from about 3.5 million bpd currently. Industry experts are sceptical about Tehran’s ambitions and say …
Read More »Untangling the Motives Behind Iran’s New Energy Agreements
Beset by an unprecedented domestic energy crisis, Iran has sought to cement foreign energy deals and investment, to varied success. Though the country faces a raft of international sanctions and several major geopolitical hurdles, Iran’s oil and gas sector has seen a significant expansion in recent months—a period of growth marked by …
Read More »Tehran’s Hurdles In Extracting Lorestan’s Shale Oil
In recent years, Iranian authorities have often announced significant discoveries of oil and gas reserves, but, in reality, the government has faced tremendous challenges – often self-inflicted – in actually extracting these resources. In February 2017 authorities revealed the presence of two billion barrels of shale oil reserves in the …
Read More »Iran Renews Iraq Gas Contract Amid Production Uncertainty
Despite a persistent and alarming deficit in its natural gas production, Iran recently chose to renew gas export contracts with Iraq – a decision that can have severe consequences for its own energy needs. While Iran boasts having the second largest natural gas reserves in the world, its production capacity …
Read More »