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 …
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Major energy producing countries are using energy exports to increase political influence in consumer countries. Energy exports are one of the most important ways to create interdependence as well as stability and security in the region. Iran ranks second in the world’s gas reserves, but domestic gas consumption increased sharply …
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While crude oil exports (Iran’s most important foreign exchange industry) have sharply reduced with no hope of recovery, other resources such as petrochemicals, mines and metals could have been a way out for the Islamic Republic… however, these sectors were also sanctioned in Spring 2019. Iran’s petrochemical and steel sectors …
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– Saudi Arabia’s quicker than expected output restoration sparks oil price fall Oil prices declined contrary to expectations due to the quicker than expected restoration of Saudi Arabia’s output, the contained global response to the drone attacks on Saudi Aramco’s facilities, and greater output from other supplier countries like Qatar, …
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Shale gas has had a major impact on energy prices around the world. Due to Shale gas revolution, US advanced technology and innovation, America’s dependence on foreign energy sources especially the Middle East is decreasing. According to US Energy Information Agency last year US produced on average more than 5 million …
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