Memo

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.

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