... gas fields
Iraq is one of the few countries to benefit from the Iranian sanctions’ exemptions. The United States has repeatedly extended the period of a
sanctions waiver
for Iraq — most recently in September — due to Baghdad's dependence on Iran’s gas and electricity. Iraq’s need to comply with the OPEC+ quotas has a negative impact on the situation, since with the cut of oil production in Iraq the volume of associated gas production also decreased. And this, in turn, again increases dependence ...
... initiative from the existing overland projects, which should rescue it from the burden of long-standing gas cooperation problems. The pipeline could carry gas from four Iranian fields being developed with Gazprom’s participation, and might also supply Iranian gas from the Persian Gulf in exchange for Russian gas to be sent to northern Iran via the Caspian Sea.
There is the risk that India, ever sceptical of an energy partnership with Pakistan, might eventually abandon the project. Should this happen, China ...
... put stakes on the development of projects in the energy sector. In addition to the gas corridor mentioned,
the news
that "Rosneft" and NIOC, the Iranian national oil company, signed a roadmap for strategic projects in the area of oil and gas production in Iran with a total investment of up to USD 30 billion was a major event in the Tehran negotiations.
However, it is premature to expect an early effect from this agreement. Almost all Russian oil companies have been showing interest in Iran for several ...
... Iraq, Lebanon and Yemen. It is the modern “Cold War” of the Middle-East. One of the reasons Saudi Arabia did not join the Astana initiative is that Iran is a founder. The Saudis does not fear a Russian influence in Syria, but they rather fear an Iranian one. Plus, Russians and Saudis have a lot to discuss and cooperate such as Oil and Gas markets, they have to deal openly at some point. It is in none favour to go into a confrontation in Syria or the Middle-East. As a result, the Saudis had started to view the Russian role in the Middle-East as stability guaranteer. The Saudis also ...
... oilfields in order to increase their output. Gas consumption in Iran is growing, and it is
growing fast
. This means that Iran will keep its focus on gas production and refinery projects that target first and foremost domestic demand. In the mid-run, Iranian gas is unlikely to reach any markets further than those of the neighboring Iraq, Pakistan, Oman, and India. The transport infrastructure linking Iran to these countries is at different stages of construction.
All in all, by February 2016 Iran had shown ...
... statements are being made for the benefit of third countries and domestic audiences.
This does not mean that Russia's work with Iran precludes cooperation with Saudi Arabia. Even so, with investment programmes shrinking in all the oil exporting countries ... ... Moscow will find working with the two Middle Eastern countries at once to be an extremely difficult balancing act.
The oil-and-gas cooperation plans recently announced by Russia and Saudi Arabia may sound like part of a rapprochement trend. Yet one should ...
... claim
to over 463,000 square miles of the Arctic, and its Arctic zone is expected to contain the majority of the region’s gas and a large share of its oil. With the opening of the Northern Sea Route due to melting ice caps, the region will become one ... ... Ukraine and elsewhere.
Those who disregard the possibility of cooperation with Russia outright ought to consider the case of Iran. The Iranian nuclear deal is a significant achievement towards regional and international security, and it would not have ...
... situation around Iran is developing. The news that the deal had been reached was followed immediately by a visit to Iran by the president of Turkey to
discuss opportunities for developing economic cooperation
. President Erdogan even promised to buy more gas from Iran if Tehran reduced the price. Turkey stands to benefit from virtually whichever way the situation develops: it will become one of the biggest transit states, and moreover it is very likely than a number of distribution hubs will be built on its territory....