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 »Qatar’s Gas Ambition Affects Iran’s Reserves
As Qatar sets higher ambitions for its gas output, Iranian officials scramble to justify their under-performance in developing the South Pars field, resorting to statistical maneuvers to deflect criticism. Sakhavat Asadi, the chief executive of Iran’s Pars Special Economic Zone Organization, has claimed that Iran’s natural gas production from the …
Read More »Iran Dreams Of Energy Cooperation With Russia
While none of the dozens of deals between Iranian and Russian oil companies over the past decade have been implemented, Russia now intends to export gas to Iran. It should be noted that due to European sanctions, Russia faced serious challenges in selling natural gas. Simultaneously, during the three-day visit …
Read More »A Rising Role: Qatar and its Competition in the Global Helium Market
Thanks to Qatar’s increased production of helium and massive reserves in the North Dome field, the country is now positioned to quickly increase its share in the helium export market. Helium is the second most abundant element in the universe. An inert gas, it is mainly used to cool medical diagnostic equipment …
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