... 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 on the gas imported from Iran.
Ruslan Mamedov:
Russia Doubles Down on Iraq Despite COVID-19
If Baghdad loses the possibility to ...
... 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 ...
... International business will enter Iranian upstream projects under any oil prices, regardless of the underdevelopment of its infrastructure or the high level of corruption. If only the specter of sanctions is not haunting Iran anymore, the pearl that is the Iranian oil and gas sector will finally reveal itself for the whole world to see.
[i]
No energy deal was signed, though the parties claimed that they touched upon energy-related issues.
Following the drop in oil prices and the souring of US-Saudi relations, there have been increasing signals ... ... voicing intentions to strengthen energy cooperation. Could this lead to a new oil-and-gas friendship?
Oil market regulation
Judging from the
agreements
reached recently... ... between Saudi Arabia's position, advocating a freeze on oil production, and the plans by Iran and Iraq to increase output. It was the Saudis' unwillingness to agree a freeze...
