• Electricity
    • Nuclear
    • Thermal
    • Coal
  • Natural Gas
    • Upstream
    • Shale/Unconventional
    • Downstream
    • Lng/Lpg
  • Oil
    • Upstream
    • Downstream
    • Refining/Petro Chemistry
    • Transportation/Fuel Oil
  • Renewable
    • Wind
    • Solar
    • Hydro
    • Geothermal/Biomass
  • Finance
    • Projects
    • Invesments
    • Stock Market
  • Regulation
    • Oil
    • Electricity
    • Natural Gas
    • Renewable
    • LPG
  • Energy Diplomacy
    • Energy Security
    • International Relations
    • International Organization
    • Energy Projects
  • World
    • Turkey
    • Europe
    • Eurasia
    • Asia
    • Americas
    • Middle East-Africa
  • Reports
  • other
    • News from companies
    • Energy Meetings
    • Video
  • Türkçe
  • English

Anadolu AgencyAnadolu Agency

  • Log Out Log in
  • Anadolu Agency
  • Electricity
    • Nuclear
      IAEA calls for coop. with Japan on wastewater disposal

      IAEA calls for coop. with Japan on wastewater disposal

      E3 urges Iran to cooperate with IAEA

      E3 urges Iran to cooperate with IAEA

      Turkey aims to complete 27.5% of Akkuyu NPP by year-end

      Turkey aims to complete 27.5% of Akkuyu NPP by year-end

      IAEA, Iran work out 'temporary solution' amid impasse

      IAEA, Iran work out 'temporary solution' amid impasse

    • Thermal
      Qatar donates $60M to gas pipeline for Gaza electricity

      Qatar donates $60M to gas pipeline for Gaza electricity

      Spot market electricity prices for  Saturday, Feb. 20

      Spot market electricity prices for Saturday, Feb. 20

      Turkey's daily power consumption up 1.4% on Feb. 18

      Turkey's daily power consumption up 1.4% on Feb. 18

      US: Chipmakers halt production in Texas amid power cuts

      US: Chipmakers halt production in Texas amid power cuts

    • Coal
      Spot market electricity prices for Friday, Feb. 26

      Spot market electricity prices for Friday, Feb. 26

      Turkey's daily power consumption down 0.74% on Feb. 24

      Turkey's daily power consumption down 0.74% on Feb. 24

      UN: US on pace to hit Paris climate goals despite Trump

      UN: US on pace to hit Paris climate goals despite Trump

      Turkey's daily power consumption up 17.5% on Feb. 15

      Turkey's daily power consumption up 17.5% on Feb. 15

  • Natural Gas
    • Upstream
      Eni announces oil discovery in Western Desert of Egypt

      Eni announces oil discovery in Western Desert of Egypt

      US produces, consumes record high natural gas in 2019

      US produces, consumes record high natural gas in 2019

      Nigeria's president launches new gas pipeline project

      Nigeria's president launches new gas pipeline project

      OPEC holds first technical meeting with gas exporters

      OPEC holds first technical meeting with gas exporters

    • Shale/Unconventional
      Spot market natural gas prices for Sunday Aug. 23

      Spot market natural gas prices for Sunday Aug. 23

      Spot market natural gas prices for Monday, March 2

      Spot market natural gas prices for Monday, March 2

      Spot market natural gas prices for Tuesday, Feb. 11

      Spot market natural gas prices for Tuesday, Feb. 11

      British LNG carrier arrives in Turkey

      British LNG carrier arrives in Turkey

    • Downstream
      3rd Turkish drillship leaves Mersin bound for Black Sea

      3rd Turkish drillship leaves Mersin bound for Black Sea

      Dialogue, de-escalation in E.Med benefit everyone: NATO

      Dialogue, de-escalation in E.Med benefit everyone: NATO

      Turkey’s giant gas find worth $80 billion: IEA Head

      Turkey’s giant gas find worth $80 billion: IEA Head

      US' gas-fired electricity generation rises 9% in 1H20

      US' gas-fired electricity generation rises 9% in 1H20

    • Lng/Lpg
      Spot market natural gas prices for Wednesday, Feb. 24

      Spot market natural gas prices for Wednesday, Feb. 24

      Turkey's LPG imports down 2.6% in December 2020

      Turkey's LPG imports down 2.6% in December 2020

      US LNG vessel arrives in Turkey on Feb. 18

      US LNG vessel arrives in Turkey on Feb. 18

      Algerian LNG vessel to arrive in Turkey on February 21

      Algerian LNG vessel to arrive in Turkey on February 21

  • Oil
    • Upstream
      ExxonMobil makes first discovery offshore Suriname

      ExxonMobil makes first discovery offshore Suriname

      Rosneft income falls 77%, revenue down 51% in 2Q20

      Rosneft income falls 77%, revenue down 51% in 2Q20

      Oil prices flat with 0.04% rise in week ending August 14

      Oil prices flat with 0.04% rise in week ending August 14

      Brent oil prices down amid global pandemic crisis

      Brent oil prices down amid global pandemic crisis

    • Downstream
      US oil rig count rises by 2 for week ending Jan. 22

      US oil rig count rises by 2 for week ending Jan. 22

      ExxonMobil makes first discovery offshore Suriname

      ExxonMobil makes first discovery offshore Suriname

      US oil rig count rises by four for week ending Oct. 9

      US oil rig count rises by four for week ending Oct. 9

      Lundin upgrades Edvard Grieg field reserve estimates

      Lundin upgrades Edvard Grieg field reserve estimates

    • Refining/Petro Chemistry
      Brent oil price down 0.56% for week ending Feb. 19

      Brent oil price down 0.56% for week ending Feb. 19

      US crude oil inventories fall for week ending Feb. 12

      US crude oil inventories fall for week ending Feb. 12

      Turkey's Petkim profits up 36% year-on-year in 3Q20

      Turkey's Petkim profits up 36% year-on-year in 3Q20

      Iran moves from oil to petrochemicals in export

      Iran moves from oil to petrochemicals in export

    • Transportation/Fuel Oil
      Venezuela condemns US policy of seizing fuel shipments

      Venezuela condemns US policy of seizing fuel shipments

      Battery patents grow by 14% in 13 years: Study

      Battery patents grow by 14% in 13 years: Study

      Turkish start-up to produce lithium-ion battery cathode

      Turkish start-up to produce lithium-ion battery cathode

      US jet fuel demand falls by 29% in Jan-May 2020

      US jet fuel demand falls by 29% in Jan-May 2020

  • Renewable
    • Wind
      Europe needs to build more wind farms for climate goals

      Europe needs to build more wind farms for climate goals

      Wind support scheme extension offers investor security

      Wind support scheme extension offers investor security

      Europe installs 26% larger capacity wind farms in 2020

      Europe installs 26% larger capacity wind farms in 2020

      Denmark to build 2 offshore wind energy hubs

      Denmark to build 2 offshore wind energy hubs

    • Solar
      Turkey's Gumbel, Germany's SMA ink 70 MW inverter deal

      Turkey's Gumbel, Germany's SMA ink 70 MW inverter deal

      Eni, X–Elio to build 140 MW solar plants in Spain

      Eni, X–Elio to build 140 MW solar plants in Spain

      Total boosts US portfolio with large solar facility

      Total boosts US portfolio with large solar facility

      Panasonic to end manufacture of photovoltaic products

      Panasonic to end manufacture of photovoltaic products

    • Hydro
      China plans world’s biggest dam build on Tibetan river

      China plans world’s biggest dam build on Tibetan river

      IRENA boosts sustainable hydropower through partnership

      IRENA boosts sustainable hydropower through partnership

      Turkish lawmaker asks Iraq to cooperate on water issue

      Turkish lawmaker asks Iraq to cooperate on water issue

      Hydro produces 90.8% of Norway's electricity in Dec.

      Hydro produces 90.8% of Norway's electricity in Dec.

    • Geothermal/Biomass
      Europe needs to build more wind farms for climate goals

      Europe needs to build more wind farms for climate goals

      Turkey in top 4 countries with geothermal capacity

      Turkey in top 4 countries with geothermal capacity

      Biomass can meet one-third of Turkey's annual power

      Biomass can meet one-third of Turkey's annual power

      EU approves €550M Danish aid to support biomass plants

      EU approves €550M Danish aid to support biomass plants

  • Finance
    • Projects
      Global EV sales see record rise in 2020 led by Europe

      Global EV sales see record rise in 2020 led by Europe

      BMW Group sources aluminum produced from solar energy

      BMW Group sources aluminum produced from solar energy

      Erdogan tests Turkey’s 1st driverless electric bus

      Erdogan tests Turkey’s 1st driverless electric bus

      Siemens Energy to drive hydrogen economy in Middle East

      Siemens Energy to drive hydrogen economy in Middle East

    • Invesments
      Aygaz enters LPG business in Bangladesh via new partner

      Aygaz enters LPG business in Bangladesh via new partner

      Turkey allocates $18.5B for 2021 investments

      Turkey allocates $18.5B for 2021 investments

      Venezuela open to foreign investment in oil sector

      Venezuela open to foreign investment in oil sector

      Turkey's gold production set to break records in 2021

      Turkey's gold production set to break records in 2021

    • Stock Market
      IMF to track economic impact of climate crisis

      IMF to track economic impact of climate crisis

      Spot market natural gas prices for Tuesday, Dec. 22

      Spot market natural gas prices for Tuesday, Dec. 22

      Spot market natural gas prices for Sunday, Dec. 20

      Spot market natural gas prices for Sunday, Dec. 20

      Iraq’s central bank devalues national currency

      Iraq’s central bank devalues national currency

  • Regulation
    • Oil
      Oil up on US inventory fall, UK vaccine approval

      Oil up on US inventory fall, UK vaccine approval

      Fitch reduces oil price forecast due to higher supply

      Fitch reduces oil price forecast due to higher supply

      S. Arabia, Iraq discuss efforts to stabilize oil market

      S. Arabia, Iraq discuss efforts to stabilize oil market

      US crude oil inventories fall for week ending Aug. 14

      US crude oil inventories fall for week ending Aug. 14

    • Electricity
      Spot market electricity prices for Friday, Dec. 4

      Spot market electricity prices for Friday, Dec. 4

      24/7 power with Turkey’s new mobile monitoring system

      24/7 power with Turkey’s new mobile monitoring system

      Turkey's daily power consumption up 3.28% on Sept. 8

      Turkey's daily power consumption up 3.28% on Sept. 8

      Sudan: Flashpoint Ethiopian dam not related to floods

      Sudan: Flashpoint Ethiopian dam not related to floods

    • Natural Gas
      Turkey's daily power consumption down 0.77% on Oct. 23

      Turkey's daily power consumption down 0.77% on Oct. 23

      Russian Lukoil starts Chashkino gas-turbine power plant

      Russian Lukoil starts Chashkino gas-turbine power plant

      Gazprom posts 26% loss in 1H20

      Gazprom posts 26% loss in 1H20

      Trump scraps Obama methane limits in oil, gas sectors

      Trump scraps Obama methane limits in oil, gas sectors

    • Renewable
      Iberdrola makes record €9.24 bln. investments in 2020

      Iberdrola makes record €9.24 bln. investments in 2020

      UN: US on pace to hit Paris climate goals despite Trump

      UN: US on pace to hit Paris climate goals despite Trump

      EU needs to change course to cut emissions 55% by 2030

      EU needs to change course to cut emissions 55% by 2030

      ENGIE and Equinor to explore low-carbon hydrogen

      ENGIE and Equinor to explore low-carbon hydrogen

    • LPG
      Pandemic reveals importance and reliability of LPG

      Pandemic reveals importance and reliability of LPG

      Turkish fund Oyak to buy Demiroren's auto fuel ops.

      Turkish fund Oyak to buy Demiroren's auto fuel ops.

      Turkey's LPG imports down over 19.02% in June 2019

      Turkey's LPG imports down over 19.02% in June 2019

      Equinor inks agreement for LPG storage in Malaysia

      Equinor inks agreement for LPG storage in Malaysia

  • Energy Diplomacy
    • Energy Security
      E3 urges Iran to cooperate with IAEA

      E3 urges Iran to cooperate with IAEA

      US: Chipmakers halt production in Texas amid power cuts

      US: Chipmakers halt production in Texas amid power cuts

      Int'l Atomic Energy Agency chief to visit Iran Saturday

      Int'l Atomic Energy Agency chief to visit Iran Saturday

      EU diplomat praises Turkey’s tackling of climate change

      EU diplomat praises Turkey’s tackling of climate change

    • International Relations
      E3 urges Iran to cooperate with IAEA

      E3 urges Iran to cooperate with IAEA

      Egypt petroleum minister visits Israel for energy talks

      Egypt petroleum minister visits Israel for energy talks

      IAEA, Iran work out 'temporary solution' amid impasse

      IAEA, Iran work out 'temporary solution' amid impasse

      Int'l Atomic Energy Agency chief to visit Iran Saturday

      Int'l Atomic Energy Agency chief to visit Iran Saturday

    • International Organization
      Climate action in Mediterranean needs local commitment

      Climate action in Mediterranean needs local commitment

      Climate activist's arrest triggers outrage in India

      Climate activist's arrest triggers outrage in India

      Global oil demand to increase 6.41% in 2021: OPEC

      Global oil demand to increase 6.41% in 2021: OPEC

      Brent oil price up 0.59% for week ending Jan. 29

      Brent oil price up 0.59% for week ending Jan. 29

    • Energy Projects
      Brent oil price down 0.56% for week ending Feb. 19

      Brent oil price down 0.56% for week ending Feb. 19

      UN: US on pace to hit Paris climate goals despite Trump

      UN: US on pace to hit Paris climate goals despite Trump

      Turkey, Azerbaijan aim $15B trade volume by 2023

      Turkey, Azerbaijan aim $15B trade volume by 2023

      Turkey to use first gas from Black Sea in Q1, 2023

      Turkey to use first gas from Black Sea in Q1, 2023

  • World
    • Turkey
      NGOs petition Turkey to ratify Paris Climate Agreement

      NGOs petition Turkey to ratify Paris Climate Agreement

      Turkey's oil imports down 22.3% in December 2020

      Turkey's oil imports down 22.3% in December 2020

      Turkey's LPG imports down 2.6% in December 2020

      Turkey's LPG imports down 2.6% in December 2020

      Turkey to spend $9.3B for power distribution up to 2025

      Turkey to spend $9.3B for power distribution up to 2025

    • Europe
      Europe needs to build more wind farms for climate goals

      Europe needs to build more wind farms for climate goals

      Are recent bullish oil price predictions realistic?

      Are recent bullish oil price predictions realistic?

      Oil prices up over Fed’s lower interest rates

      Oil prices up over Fed’s lower interest rates

      Oil down as Texas refineries curb demand, US stocks rise

      Oil down as Texas refineries curb demand, US stocks rise

    • Eurasia
      Are recent bullish oil price predictions realistic?

      Are recent bullish oil price predictions realistic?

      Oil prices up over Fed’s lower interest rates

      Oil prices up over Fed’s lower interest rates

      Oil down as Texas refineries curb demand, US stocks rise

      Oil down as Texas refineries curb demand, US stocks rise

      'Ankara ready to do its part to bring Turkmen gas to Europe'

      'Ankara ready to do its part to bring Turkmen gas to Europe'

    • Asia
      IAEA calls for coop. with Japan on wastewater disposal

      IAEA calls for coop. with Japan on wastewater disposal

      Are recent bullish oil price predictions realistic?

      Are recent bullish oil price predictions realistic?

      Oil prices up over Fed’s lower interest rates

      Oil prices up over Fed’s lower interest rates

      Oil down as Texas refineries curb demand, US stocks rise

      Oil down as Texas refineries curb demand, US stocks rise

    • Americas
      ExxonMobil to sell over $1bln. in UK offshore assets

      ExxonMobil to sell over $1bln. in UK offshore assets

      US crude oil inventories rise for week ending Feb. 19

      US crude oil inventories rise for week ending Feb. 19

      Are recent bullish oil price predictions realistic?

      Are recent bullish oil price predictions realistic?

      Oil prices up over Fed’s lower interest rates

      Oil prices up over Fed’s lower interest rates

    • Middle East-Africa
      Are recent bullish oil price predictions realistic?

      Are recent bullish oil price predictions realistic?

      Oil prices up over Fed’s lower interest rates

      Oil prices up over Fed’s lower interest rates

      Oil down as Texas refineries curb demand, US stocks rise

      Oil down as Texas refineries curb demand, US stocks rise

      E3 urges Iran to cooperate with IAEA

      E3 urges Iran to cooperate with IAEA

  • Reports
  • other
    • News from companies
    • Energy Meetings
    • Video
  • Anadolu Agency

Potential impact of Trump’s decision on Iranian natural gas sector

home > analysis 23.05.2018 13:14

Potential impact of Trump’s decision on Iranian natural gas sector
Analiz
Ersin Merdan

The Writer holds an MSc in Eurasian Political Economy & Energy from King’s College London and also an MA in European Studies from Sabancı University.

- The Writer holds an MSc in Eurasian Political Economy & Energy from King’s College London and also an MA in European Studies from Sabancı University. 

The nuclear agreement signed in 2015 brought greater hope for the future of Iran’s natural gas sector. With increased international investment together with advanced technology transfer, the Iranian energy sector was reinvigorated. However, Trump’s decision to pull out of the nuclear deal, combined with the threat of heavy sanctions, could bring all gains to a standstill sooner rather than later. 

For many decades, Iran’s natural gas production was almost exclusively consumed domestically. Apart from gas exports of around 10 billion cubic meters to Turkey per year along with marginal exports to Armenia and Azerbaijan, Iran’s domestic market gas consumption absorbed almost all production. The good news is that the South Pars project, the largest natural gas field in Iran, has almost doubled its production over a short period of time. While oil production remained relatively stable after the nuclear deal agreement, standing at around 3.8 million barrels per day (mb/d), the real improvement in Iran’s energy sector since 2015 has been in natural gas. 

Based on previous experience in Iran over many years, domestic gas consumption could increase during the winter months to such an extent that domestic demand could outstrip supply.  Should this occur again, gas supplies of industrial consumers could be cut off to provide supplies to households. With a positive investment environment after the nuclear deal agreement, the government decided to invest in storage capacity to cope with winter demand spikes. Increased storage capacity could well be the perfect solution to meet seasonal demand volatility, however, there are many unknowns regarding the details of this storage capacity project.

The state-run National Iranian Gas Company set a future target for exports of 50 million cubic meters of natural gas per day. To realize this target, the company has heavily invested in gas infrastructure. Basra and Baghdad are the cities that the state-run company has targeted as an entry point. With daily volumes of 12 million cubic meters (mcm) of gas exports, Iran is determined to increase this volume up to 25 mcm per day once gas transfer facilities are built. 

With a daily export volume of 30 mcm per day as of February 2018, Iran has successfully delivered natural gas to Turkey since 2001. Building on this experience, Iran was also able to smoothly implement a natural gas project with Iraq.  Given Iran’s close relationship with Iraq’s central government, Iran not only strengthened its relationship and influence on the government, but it also hugely helped Iraq combat occasional blackouts. 

Although Iran managed to deliver gas to the Iraqi market, the likelihood of Iran bringing a second natural gas pipeline onstream in a matter of years seems to be hampered with Trump’s nuclear agreement withdrawal decision. In spite of Iran’s determination to do so, there could be difficulties in accessing financial markets because of increased risks of sanctions, and this, in turn, could lead to financial bottlenecks putting the realization of projects on hold.

Since 2015, Iran signed a number of fruitful contracts with international oil and gas companies. In 2017, Iran signed a $4.8 billion contract with Total and the Chinese China National Petroleum Corporation (CNPC). In this consortium, Total owns 50.1 percent, while CNPC and Iran’s National Oil Company own a 30 percent and 19.9 percent share interest, respectively. After many years of Iran’s isolation, this memorandum of understanding marked the end of a stalemate and the beginning of a new era for the natural gas industry in Iran. The contract was welcomed by the government and engendered hope that other international companies would also become interested in further investments in Iran’s underutilized and promising energy sector. 

After the U.S. decision to pull out of the nuclear deal with Iran and following Trump’s warning that he would implement the highest level of economic sanctions against the Iranian regime, all political and economic gains have been put at risk. International companies that have invested in Iran have found themselves in a predicament. Total stated that unless it can secure a waiver, which it is actively lobbying to receive, it would not continue to operate in the country.

The company received a waiver back in the 1990’s with its involvement in the South Pars fields despite heavy U.S. sanctions. However, the company’s current request could well meet with resistance.  If Total fails to receive a waiver, the company has to leave its project leadership to China’s CNPC as lead operator. In this case, the already strained relationship between China and the U.S. could easily escalate to an undesirable level. 

The EU Commission’s press release on May 18 said the EU Commission would continue to fully commit to the Joint Comprehensive Plan of Action (JCPOA). With this increased energy cooperation, by opening new credit lines, and with the parties operating in euro-dominated trade, the impact of the re-imposition of U.S. sanctions could be limited.

The EU’s bold support for the Iran deal may keep companies engaged in Iran. The EU’s recent statement suggests that the EU is ready to take a hit against Trump’s strong threat on imposing sanctions on companies trading with Iran. However, the Iranians did not celebrate the EU’s stance, which was reflected in the Iranian Foreign Minister’s statement when he said, “the European political support for the accord is not sufficient”. Therefore, only through bypassing U.S. financial sanctions will the interests of EU investors in Iran be protected and serve Iran’s needs to enhance foreign direct investment. 

Technically, many legal restraints were gradually removed after the sanctions lift with the implementation of the JCPOA. Yet, many international investment banks refrained from financing Iran’s energy sector even after the nuclear agreement with fear of potential U.S. punitive measures. Total brought in its own financing by using approximately $1 billion from its cash flow. By sourcing alternative financing and reducing third-party financing withdrawal risks, Total was able to continue its operations in the South Pars field. 

Given Iran’s rich natural gas resources combined with relatively independent third party financing, Iran was able to succeed in increasing the levels of natural gas production. It is also important to note that after the nuclear deal agreement, Total only invested in the natural gas sector, rather than exclusively in oil. Furthermore, CNPC’s involvement in the consortium further ensured the feasibility of the project with the ability for China’s financial institutions to intervene in the case of any financial obstacles. 

At the beginning of 2018, Russia’s state-owned oil company Zarubezhneft signed a memorandum of understanding with Iran’s Dana company to develop oil fields in the southwest of Iran. According to a Reuters report, prior to this agreement, Russian Zarubezhneft signed a drilling deal with Iranian Ghadir Holding and with Turkey’s Unit International. The agreement, worth $7 billion, targets the drilling of one natural gas and three oil fields. The agreement’s shares are divided equally between the partners, marking the first trilateral deal signed by the Iranian company. 

The deal signed with Zarubezhneft has been important in that it was the first ever contract signed with a Russian energy company. Specifics about the agreement have not yet been revealed, but when compared with other international energy deals, its volume remains less significant. However, this agreement is set to strengthen Iran’s hand against Trump’s harsh stance on re-imposing heavy sanctions sooner. Russia’s defiance against any strong sanctions that could be implemented against Iran in the coming months could, to a certain extent, be alleviated with strong project financing. Therefore, any deal signed with other countries perfectly aligns with Iran’s political ambition to diversify its energy portfolio.   

Iran has seen production levels surpass that of its domestic consumption with the expansion of its natural gas production over the last couple of years, and this has allowed exports of natural gas to neighboring Iraq. However, all these gains have been put at risk with the Trump administration’s decision to withdraw from the nuclear deal. 

Although many companies were eager to invest in Iran’s oil and gas sector at the very beginning of the JCPOA, financial hurdles were the biggest impediment in attracting greater numbers of investors. Total's decision to push forward to obtain a waiver and the EU Commission’s decision to stay committed to the agreement, are some positive developments in support of continuing the JCPOA. Nonetheless, the U.S. withdrawal and the strong threat of re-imposing the highest level of economic sanctions not only on Iran but also on any nation that helps Iran could reset the course of progress to the beginning.

- Opinions expressed in this piece are the author’s own and do not necessarily reflect Anadolu Agency's editorial policy. 



related news

Spot market natural gas prices for Wednesday, Feb. 24
Global gas demand to increase by 50% in 2050
Spot market natural gas prices for Tuesday, Feb. 23
Turkey's gas imports up 15.6% in December 2020
E3 urges Iran to cooperate with IAEA
Spot market natural gas prices for Sunday, Feb. 21
Facebook Facebook Twitter Google LinkedIn

Natural Gas Discoveries in Black Sea: What Does It Mean For Turkey?

24.08.2020 analysis

EU's hypocrisy will not resolve disputes in Eastern Mediterranean

17.08.2020 analysis

Cheap Oil: which country is it good for?

30.03.2020 analysis

Will Turkey Explore Oil in Somalia?

10.03.2020 analysis

Current Status of Nuclear Energy in EU and Turkey

02.01.2020 analysis

Saudis surprise while Russia wins in new OPEC deal

- Kingdom cements its power as swing producer by making 400,000 barrels a day voluntary curb
10.12.2019 analysis

Spain’s Renewables Curse: How Not to Regulate?

12.12.2019 analysis

Trump’s Syrian Oil Grab Could Lead to War Crime

14.11.2019 analysis

Saudi Aramco to sell 0.5% in IPO to retail investors

- Oil reserves of company, estimated at 209 billion barrels, comes in as second largest in world after Venezuela
11.11.2019 analysis

Saudi Aramco prepares for $2T IPO in Tadawul on Dec. 11

- World's most profitable company targets $2 trillion valuation that is set to surpass Microsoft, Apple, Alphabet
11.11.2019 analysis

OPEC losing control, share in global oil market

- Controlling 70% of world oil supply in 1970s, OPEC's share in global oil market fell to 29% in September
25.10.2019 analysis

H. Biden’s ties to Ukraine gas firm rocks US politics

-Ukrainian private gas firm is at the center of political duel between Donald Trump and Joe Biden for 2020 presidential race
26.09.2019 analysis

US crude oil production more than doubles in decade

- Since shale oil revolution in 2008, US sees annual crude production grow by 119%
15.04.2019 analysis

US crude exports to catch up with Saudi Arabia by 2024

- Crude exports estimated to reach 9 million barrels per day in five years, International Energy Agency says
13.03.2019 analysis

Merger & Acquisition challenges in Oil and Gas sector

25.02.2019 analysis

Future of LNG as marine fuel

14.02.2019 analysis

The new energy transition quest

07.02.2019 analysis

Time to reconsider carbon pricing

23.01.2019 analysis

Rising US shale could force OPEC to cut more

- US shale could rapidly fill supply void in market forcing OPEC+ to make another output cut in the first half of 2019
31.12.2018 analysis

Adoption of blockchain in oil and gas industry

21.12.2018 analysis

OPEC cuts inadequate for oil market, prices

- Deal to curb production failed to boost prices, while forecasts indicate prices to remain low for some time
14.12.2018 analysis

China’s long road to become regional gas hub

11.12.2018 analysis

Gulf rift hits OPEC with Qatar's exit

- Qatar's decision could put more pressure on Saudis, while Doha and Washington cozy up
08.12.2018 analysis

Going digital in oil & gas industry

07.12.2018 analysis

OPEC's dilemma: Lose market share or revenue

Output cuts would mean losing market share to US producers, but keeping it would bring prices lower causing revenue loss
29.11.2018 analysis

Navigating hardships with diversified energy portfolio

28.11.2018 analysis

Shift to East is Russia’s new market target

20.11.2018 analysis

Hub-based pricing or oil indexation, which to choose?

15.11.2018 analysis

Saudi Aramco’s switch to new oil benchmark

07.11.2018 analysis

Decarbonizing the world energy system

30.10.2018 analysis

Advancements in financing renewable energy

23.10.2018 analysis

Has Energiewende been successful since its inception?

09.10.2018 analysis

Natural gas as fuel of choice in transportation sector

03.10.2018 analysis

Challenges ahead for European natural gas

25.09.2018 analysis

Gazprom’s slow adaptation to new market realities

18.09.2018 analysis

Impact of Nord Stream 2 on Eastern and Central Europe

14.09.2018 analysis

Changing trends in LNG trading

05.09.2018 analysis

The resilience of Russia’s oil industry

28.08.2018 analysis

Natural gas pipeline diplomacy in Moscow

25.09.2018 analysis

Moscow’s oil pipeline diplomacy

14.08.2018 analysis

Fate of LNG suppliers who cannot meet domestic gas demand

09.08.2018 analysis

Will Russia mend fences with Ukraine when gas

09.08.2018 analysis

A shift in LNG trade in Northeast Asia

09.08.2018 analysis

Egypt’s regional gas hub aspiration: An uphill battle

17.07.2018 analysis

A hard balancing act for Egypt’s gas market

11.07.2018 analysis

The Uphill Battle of Electric Vehicles

09.08.2018 analysis

Oil and gas sector in the age of cybersecurity

09.08.2018 analysis

Renewable energy in the age of cybersecurity

09.08.2018 analysis

Changing Geopolitical Dynamics in Renewable Energy

13.06.2018 analysis

A time of uncertainty in oil prices

09.08.2018 analysis

Navigating through changes in petroleum taxation

29.05.2018 analysis

Potential impact of Trump’s decision on Iranian natural gas sector

09.08.2018 analysis

Onset of turbulence with US withdrawal from Iran Nuclear Deal

09.08.2018 analysis

Natural gas is back stronger than ever

09.08.2018 analysis

Can biofuels offer major breakthrough for renewables?

02.05.2018 analysis

Weekly Oil report, April 30

09.08.2018 analysis

Weekly Oil Report, April 24

09.08.2018 analysis

Accelerating renewable energy momentum in MENA

09.08.2018 analysis

Weekly Oil Report, April 17

17.04.2018 analysis

Reforming Energy Subsidies in the MENA

17.04.2018 analysis

Weekly Oil Report, April 10

11.04.2018 analysis

New energy export strategy: Russia’s shift to nuclear energy

09.04.2018 analysis

Could shale gas help the EU achieve energy diversification?

11.04.2018 analysis

Weekly Oil Report, April 2

05.04.2018 analysis

Weekly Oil Report, March 27

05.04.2018 analysis

Financing Renewable Energy: How Tough Is It?

05.04.2018 analysis

Weekly Oil Report, March 20

05.04.2018 analysis

Will privatization in the Gulf be successful?

21.03.2018 analysis

Weekly Oil Report, March 13

14.03.2018 analysis

Japan’s lesson in energy resilience through adaptability

13.03.2018 analysis

Weekly Oil Report, March 6

08.03.2018 analysis

How Russia reinvigorated its oil industry since 2014

05.03.2018 analysis

Weekly Oil Report, Feb. 27

05.04.2018 analysis

Sailing through Arctic, what challenges lie ahead for U.S.?

26.02.2018 analysis

Weekly Oil Report, Feb. 20

21.02.2018 analysis

Russia in the Arctic

21.02.2018 analysis

Weekly Oil Report, Feb. 13

14.02.2018 analysis

Are Arctic’s vast hydrocarbon reserves able to attract investors?

12.02.2018 analysis

Weekly Oil Report, Feb. 6

07.02.2018 analysis

The role of non-state actors in climate negotiations

07.02.2018 analysis

Weekly Oil Report, Jan 30

05.04.2018 analysis

Russia’s future in global LNG market- II

05.04.2018 analysis

Weekly Oil Report, Jan. 23

05.04.2018 analysis

Russia’s future in global LNG market

05.04.2018 analysis

Weekly Oil Report, Jan. 16

05.04.2018 analysis

Russian briefing, Jan. 15

15.01.2018 analysis

Kiev’s achievement in weaning off Russian natural gas-II

15.01.2018 analysis

Weekly oil report, Jan. 9

10.01.2018 analysis

Kiev’s achievement in weaning off Russian natural gas

08.01.2018 analysis

Weekly Oil Report, Jan. 2

05.04.2018 analysis

Weekly Oil Report, Dec. 25

27.12.2017 analysis

Will Trump’s efforts on reviving coal industry work?

26.12.2017 analysis

Russia-China energy relations in the post-Crimea period

26.12.2017 analysis

Weekly Oil Report, Dec. 19

05.04.2018 analysis

Weekly Oil Report, Dec. 12

12.12.2017 analysis

Sino-Russian relations in era of rising gas glut

12.12.2017 analysis

Weekly Oil Report, Dec. 5

06.12.2017 analysis

Sino-Russian Oil Alliance in 1990’s aftermath

05.12.2017 analysis

Weekly Oil Report, Nov. 28

28.11.2017 analysis

China’s increasing weight in the Middle East

27.11.2017 analysis
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11

  • Potential impact of Trump’s decision on Iranian natural gas sector
1 / 1

Potential impact of Trump’s decision on Iranian natural gas sector

  • up
Anadolu Agency

Corporate

  • History
  • Editorial Guideliness
  • Social Media Policies
  • Executive Team
  • Domestic Offices
  • International Offices
  • Media Center
  • Contact
  • Quality Management
  • Privacy and Cookies Policy
  • Information Policy
  • Diary
  • Coronavirus Infection Map
  • Subscription Requests
  • Announcement Service

  • Company News
  • Finance Terminal
  • Anadolu Images
  • Energy Terminal
  • News Academy

mobile services

  • IPhone Application
  • IPad Application
  • Android Application
  • Windows Application
We use cookies in a limited and restricted manner for specific purposes. For more details, you can see "our data policy".
Accept
© Anadolu Agency 2021