Can Iran offer Europe strategic relief with its energy potential?
To:
Al-Monitor Pro Members
From:
Dr. Bijan Khajehpour
Managing Partner, Eurasian Nexus Partners, Vienna, Austria
Date:
July 18, 2022
Bottom Line:
Iran is a significant gas producer on a global scale, but most of its production is used for domestic consumption. The reserves and potential exist for Iran to become a long term exporter of gas to Europe. However, sanctions, political tensions as well as operational challenges will prevent this scenario in the medium term.